News Source: The Boston Globe
| about 1 year ago
The White House said on Monday that it will continue to work with Republican lawmakers to determine if help can be extended to the ailing U.S. auto industry this week. White House spokeswoman Dana Perino also said there is not an appetite within the...
News Source: Androscoggin News
| about 1 year ago
With Congress returning Monday to deal with an auto industry in dire financial straits, the Bush White House stressed that it supports help, but not at the expense of the $700 billion Wall Street rescue program. In a statement to reporters on Monday...
News Source: United Press International
| about 1 year ago
A proposed bailout for the foundering U.S. auto industry is drawing heat from the lame-duck Congress meeting in Washington to finish the year's work. Democrats are advocating a plan to provide $25 billion to Detroit auto manufacturers over the...
News Source: Androscoggin News
| about 1 year ago
The White House on Monday said it did not want automakers to fail but aid should be provided through government loans appropriated for the industry by Congress and not from the $700 billion financial rescue package. "The administration does not want...
News Source: Androscoggin News
| about 1 year ago
The Administration does not want U.S. automakers to fail, and in fact we support assistance to automakers," spokeswoman Dana Perino said. "The auto industry is an important part of our manufacturing base, and we want the industry to succeed and...
News Source: The Boston Globe
| about 1 year ago
The Bush White House stressed Monday that it supports help for the struggling auto industry, but believes it should not be taken from the $700 billion financial system rescue program. As lawmakers were returning to a lame duck session to focus on the...
News Source: International Herald Tribune
| about 1 year ago
The White House says it supports aid for struggling automakers, but believes it should not come from the $700 billion financial system rescue fund. In a statement to reporters on Monday morning, press secretary Dana Perino sought to further explain...