By JAKE TAPPER and MATTHEW JAFFE
SHANGHAI, CHINA, Nov. 16, 2009
At a meeting with
President Obama Monday morning, Communist Party Secretary Yu Xheng Sheng told the U.S. president how well
General Motors' Chinese division was doing.
...
Specifically, at a time when the nation's
unemployment rate has soared to levels not seen in decades and
GM
is cutting thousands of U.S. jobs, the company's CEO is considering
spending millions from its U.S. coffers -- fattened by $50 billion in
taxpayer aid -- on its overseas operations, a possibility that has outraged critics and lawmakers.
http://abcnews.go.com/Politics/general-motor-spend-taxpayer-bailout-money-overseas-operations/story?id=9091248