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Democrats, White House clash on auto bailout

Source: AFP
Washington : DC : USA | about 1 year ago  
Views: 729
Democrats in Congress Monday launched a new multi-billion dollar drive to save the US auto industry, but the White House warned against draining funds from a huge finance industry bailout. Less than two weeks after Barack Obama's presidential election victory, Democrats and Republicans...
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  • News Source: Star Tribune | about 1 year ago
    The head of Ford Motor Co. says the company is working hard to "transform our business" into a more profitable one that meets 21st century demands for fuel-efficient vehicles. Ford's chief executive officer, Alan Mulally, said he'll make that...
  • News Source: Truthdig | about 1 year ago
    The Chief executives of the big three American car companies head to Washington Tuesday along with the head of the United Auto Workers to beg Congress for a bailout that seems less and less probable. Lawmakers are loathe to head back to the...
  • News Source: MarketWatch | about 1 year ago
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  • News Source: Miami Herald | about 1 year ago
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  • News Source: The Washington Times | about 1 year ago
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  • News Source: The Journal Gazette | about 1 year ago
    Sen. Richard Lugar, R-Ind., is skeptical about a rescue package for the U.S. auto industry. Sen. Evan Bayh, D-Ind., wants strings tied to any government aid and that using money from the financial sector bailout is the quickest way to prop up the Big...
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