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U.S. Treasury

Medical Marijuana
Dank Depot / Creative Commons / http://j.mp/1SPGCl0

Michigan's marijuana industry likely won't face any federal changes, though the state's Treasury Department has altered a tax on medical marijuana card holders.

The Detroit Free Press reports that the federal budget passed last week indicates the government will continue to not enforce federal drug laws in states with legalized medical marijuana.

GM Renaissance Center in Detroit.
John F. Martin / Creative Commons / http://j.mp/1SPGCl0

Four years after facing the possibility of its own demise, General Motors is free of the controversial government ownership that saved the Detroit automaker in 2009.

"It was an unambiguous success," says Steven Rattner, who headed the Obama Administration's Auto Task Force.

The task force shepherded GM through an unprecedented 42-day bankruptcy.

The U.S. Treasury announced Monday it had sold the last of its stock in GM, at a loss of $10.5 billion.