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Official: Automakers To Get $17.4 Billion In Financing
WASHINGTON - Citing danger to the national economy, the Bush administration came to the rescue of the U.S. auto industry Friday, offering $17.4 billion in emergency loans in exchange for concessions from the deeply troubled carmakers and their workers. ...more
December 19, 2008
Congress Sends White House Auto Aid Proposal
Congressional Democrats on Monday sent the White House a draft of a roughly $15 billion auto bailout they aim to bring to a vote this week, but White House officials gave a cool initial response. ...more
December 8, 2008
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