Thursday, November 13, 2008

Democrats push to aid car industry (Los Angeles Times)

House leaders hope for quick passage of a bill providing $25 billion. In the Senate it may hit a GOP roadblock. Congressional Democrats are pushing legislation to send $25 billion in emergency loans to the beleaguered U.S. auto industry in exchange for a government ownership stake in the Big Three car companies -- General Motors, Ford and Chrysler.

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