News Stories Related To: Democrats, White House clash on auto bailout
Source: AFP
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...
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- News Source: Asian Wall Street Journal | about 1 year agoTreasury Secretary Henry Paulson is unlikely to use what remains of the $700 billion rescue fund to launch any substantial new programs, preferring instead to keep some money in reserve and preserve flexibility for the incoming administration. In an...
- News Source: Wenatchee World online | about 1 year agoThe Bush administration has told top lawmakers it does not plan to use at least half of the $700 billion bailout fund that Congress approved this fall to aid the financial industry, congressional officials said Monday. These officials said Treasury...
- News Source: United Press International | about 1 year agoThe Bush administration is talking to members of Congress to allow U.S. automakers quicker access to a $25 billion loan program. "What we have asked Congress to do is to look at the money that has already been provided … and to simply amend that...
- News Source: The Courier-Journal | about 1 year agoAutomakers could get up to $25 billion from the $700 billion set aside for rescuing financial markets under a bill coming to the Senate floor Monday evening, even as the White House and key Republicans raised numerous objections...The White House...
- News Source: Seattle Post Intelligencer | about 1 year agoSome 60 new faces, the freshman class of the next Congress, converged on the Capitol Monday to catch a glimpse of the final moments of the current Congress, bickering to the bitter end...They will also get to vote on the new leadership, and the...
- News Source: Star Tribune | about 1 year agoLeading Republicans and Democrats say they agree: Detroit's Big Three auto companies are in desperate straits and should get about $25 billion in government money to keep them from going under. But the two parties are deeply divided about where those...
- News Source: The Examiner | about 1 year agoProspects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year's end, as congressional Democrats and the Bush administration headed for a stalemate over the plan. Help for Detroit 's Big Three, which have...
- News Source: International Herald Tribune | about 1 year agoBut in an atmosphere of rare hostility toward an auto industry whose huge size and long-time success generally meant that it got its way, Wagoner's very job might be at stake. When Senator Carl Levin, Democrat of Michigan, was pressed Sunday as to...
- News Source: The Orange County Register | about 1 year agoThe outgoing Bush administration has told top lawmakers it does not plan to use at least half of the $700 billion bailout fund that Congress approved this fall to aid the financial industry, congressional officials said Monday. The Treasury...
- News Source: San Diego Union-Tribune | about 1 year agoA U.S. senator Monday said he will introduce a bill to stop the release of $350 billion in the second round of funding for a massive Wall Street bailout program. Vermont Sen. Bernie Sanders, an independent who usually votes with the Democrats, voted...
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