WASHINGTON (AP) -- The task for President Barack Obama's auto task force Wednesday is to answer senators' questions about the use of taxpayer money to bail out General Motors and Chrysler.
The Senate Banking Committee will hear from Ron Bloom, a senior adviser to the auto task force, and Edward Montgomery, who serves as Obama's director of recovery for auto communities and workers.
The panel is reviewing the use of funds from the Troubled Asset Relief Program, or TARP as it has been known, to help the auto companies. Lawmakers also want to know whether taxpayers will get a return on their investment.
Republican members of the committee have questioned the decision by the government to take a majority ownership of GM and the use of taxpayer funds to reorganize the auto industry.
