|
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. |
- Woman who had nearly 370 animals gets probation
- Oprah wrapping up talk show, for now
- Couple charged in Phoenix airport luggage thefts
- Bus company: Driver in Minn. crash had aneurysm
- NJ dad to testify before human rights panel
- Christian leaders issue 'call of conscience'
- San Francisco's city-run health care a model during national debate
- Tamiflu-resistant swine flu cluster reported in NC
- Winfrey to announce Friday show will end in 2011
- Ringleader in tower terrorism plot to be sentenced






