Saturday, November 15, 2008

Bush Pushes For $25B Loan To Automakers (WCBS-TV New York)

The White House is throwing support behind a plan to speed release of $25 billion in loans to troubled automakers but is rejecting a Democratic proposal to use money from a financial bailout for car companies. Senate Democrats will take up a bill to extend $25 billion in emergency loans to the auto industry on Monday.

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