Its good that they paid off their "loan" portion. Regardless of the tricks, that's good.
However it is also irresponsable journalism (and the type that if Fox News was doing it many on the left would be screaming "PROPOGANDA!" at the top of their lungs) to imply or act in articles as if simply paying off the loan makes GM essentially equal now in regards to the money the Government gave them.
They paid back less that 20% of what was owned and the Government still holds equity in a private company. Yes, its wonderful they've managed to pay back the 7 that they did and kudos for them to it. However I'm sorry if I'm not going to throw a parade or excuse a misleading news story simply because they paid back less than 20% they were given.