Common Sense

Here's how the GAO begins its report entitled "Auto Industry: A Framework for Considering Financial Assistance"

From our previous work on federal financial assistance to large firms and municipalities, we have identified three fundamental principles that can serve as a framework for considering future assistance.These principles are (1) identifying and defining the problem, (2) determining the national interests and setting clear goals and objectives that address the problem, and (3) protecting the government’s interests.

Has the administration's proposal followed these principles?