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: Uinta County News | about 1 year agoA Key Democrat says a House auto industry bailout would require that U.S. automakers immediately repay $25 billion in government loans next year if they can't show they're financially viable. Rep. Barney Frank, D-Mass., who is drafting the plan, said...
- News Source: Taiwan News | about 1 year agoSenate Majority Leader Harry Reid of Nev., center, stands newly-elected Senators on Capitol Hill in Washington, Monday, Nov. 17, 2008. From left are, Sen.-Elect Jeanne Shaheen, D-N.H., Sen.-Elect Jeff Merkley, D.Ore., Sen.-Elect Tom Udall, D.N.M.,...
- News Source: Uinta County News | about 1 year agoIt's good to be back in the Senate," Sen. Edward Kennedy, who has been battling brain cancer for six months, told reporters as he arrived flanked by his wife, Vicki, and two dogs, Sunny and Splash. Kennedy is a one-man confluence of governments past,...
- News Source: Androscoggin News | about 1 year agoRisch on Capitol Hill, ready for challenge ahead 05:33 PM MST on Monday, November 17, 2008 Ready to tackle his new full-time position in Washington is Senator-elect Jim Risch...He says during his many years serving as an elected official at the...
- News Source: Androscoggin News | about 1 year ago11/17/08 07:57 PM [ET] But lawmakers, aides and lobbyists following the race believe that Pelosi will vote for Waxman and Hoyer will back Dingell when the vote takes place later this week. “I just know Steny and he’s not the type of person to...
- News Source: Turks and Caicos Free Press | about 1 year agoSenate Democrats took the first step toward bailing out the nation's crippled auto industry on Monday by proposing a $25 billion loan program, a plan that faces stiff political headwinds with millions of jobs potentially riding on the outcome.
- News Source: The Scotsman | about 1 year agoObama has backed a $25 billion bail-out plan for stricken carmakers that is being considered this week by the United States Congress, with the car firms saying they need the cash to avoid collapse. Calling the potential failure of the "Big Three" car...
- News Source: BBC | about 1 year agoFord, Chrysler and GM, have all been hit by the slowdown, but aid proposals are falling victim to a fight over where the money should come from. Democrats want the money to come from the $700bn rescue package for the US financial industry. The White...
- News Source: Lexington Herald-Leader | about 1 year agoI ask my colleagues . . . that in the face of tremendous economic pain and uncertainty, we not wait until January," he said. The heads of General Motors and Chrysler have warned that their companies might file for bankruptcy before year's end if they...
- News Source: National Public Radio | about 1 year agoAll Things Considered , November 17, 2008 · Help for the auto industry tops Democratic leaders' list of priorities, and it was the opening item of business as the U.S...Majority leader Harry Reid began the session by proposing an economic stimulus...
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