|
Posted: 5:23 AM Nov 9, 2008
Dem leaders want Bush to help ailing automakers
Washington, D.C. Democratic leaders in Congress are asking the White House to provide more aid to the auto industry.
Reporter: The Associated Press |
|
Democratic leaders in Congress are asking the White House to provide more aid to the auto industry.
In a letter yesterday to Treasury Secretary Henry Paulson, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid said the Bush administration should consider expanding the $700 billion bailout to include car companies.
Automakers already want $50 billion in loans from Congress to help them survive tough economic conditions and pay retirees' health care obligations.
A Treasury Department spokeswoman says the department is working on ways to most effectively use the remaining bailout money to bolster the financial system and get lending moving again.

| WNDU News Poll |
| There are currently no active polls at this time. Click here to view other polls on our site and past poll results. |
- NYC funeral home van towed - with body inside
- Hotel owner offers prom for Mississippi students
- Woman beaten in NYC bar after rejecting advances
- Accused lottery killer indicted by Fla. grand jury
- NJ man accused of raping, beating 5 daughters
- Atheist plans to continue challenge to pledge
- Minneapolis schools end lockdown in second day
- Court upholds 'under God' in Pledge of Allegiance
- NY, NJ jets hit birds, return safely to airports
- Former John Edwards aide returning to NC court






