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We’re traveling to get our money aback from the auto bailout. That’s the cessation of a new government report.

The Detroit Free Press reports, “The Obama administering expects General Motors and Chrysler to accomplish abundant profits for the government to disentangle its disinterestedness stakes in both automakers, according to a new federal report.” But the General Accounting Office still sees the charge for a advancement plan, adage that “if the companies should accidentally falter, the government would accede all options for address its stakes — including liquidation.”

The administering acclimated $81 billion – a lot of of it from the $700 billion Congress set abreast to prop up afflicted banks during the recession – to accomplishment the two automakers endure year. Now, Autoblog reports, “The government holds a 60.1% pale in GM and a 9.9% pale in Chrysler, but with GM accepted to be assisting by the end of the year and Chrysler searching to breach even, the Obama administering is searching for an exit.”

The address isn’t all rosy. The Free Press notes, “The GAO aswell warned that the U.S. Treasury bare to set clearer standards for barometer its investments in the auto industry to abstain conflicts of interest.”

But, Autoblog writes, the account is mostly positive: “With $81 billion spent on rescuing the floundering companies, that investment charcoal substantial, but it now appears the government may compensate a lot of of that money.”

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