Taxpayer beware: You have to read the fine print to know what the president means when he says Chrysler has paid back "every dime" of loans it received "during my watch." The company got $12.5 billion in bailout funds under the Bush and Obama administrations, but — despite what the president said — isn't expected to pay about $1.3 billion of it.
President Barack Obama visited a Chrysler plant in Toledo, Ohio, on June 3 to discuss the recent announcement that the Chrysler Group LLC repaid $5.1 billion in outstanding loans.