|
|
"A comprehensive, collaborative elections resource."
|
GM, Chrysler could get bailout cash in a week
|
|---|
| Parent(s) |
Issue
|
| Contributor | Jason |
| Last Edited | Jason Dec 08, 2008 06:01pm |
| Logged |
1
[Older]
|
| Category | News |
| News Date | Monday, December 8, 2008 11:00:00 PM UTC0:0 |
| Description | NEW YORK (CNNMoney.com) -- The White House is reviewing a congressional proposal to give troubled U.S. automakers a financial lifeline.
The companies could get a total of $15 billion in federal loans as soon as Dec. 15, according to a working Democratic draft of proposed legislation and a senior Democratic congressional aide.
The proposal, which was delivered to the White House Monday afternoon, remains a work in progress. The bailout was worked on through the weekend on Capitol Hill in an effort to produce a bill that the Bush administration could agree to.
The aim is to finalize a bill for a quick vote by Congress, which is meeting this week in lame-duck session. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
