Friday, March 20, 2009

13 companies getting bailout money owe back taxes

At least 13 companies receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.

Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout, said two companies owe more than $100 million apiece.

"This is shameful. It is a disgrace," said Lewis. "We are going to get to the bottom of what is going on here."

http://news.yahoo.com/s/ap/20090319/ap_on_go_co/bailout_delinquent_taxes



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