Submit a Story!

Bush announces auto rescue

 

Published 12/19/2008 by rsinderbrand at CNN Political Ticker

Bush announced an auto bailout plan Friday morning. NEW YORK (CNNMoney.com) — President Bush announced a rescue plan for General Motors and Chrysler LLC Friday morning that will make $13.4 billion in federal loans available almost immediately. A senior administration official briefing reporters said he expects that GM and Chrysler LLC will be signing the loan [...] (link)

Tags:

Related Content
Bush announces auto bailout
politico.com 12/19/2008 — The plan is likely to include taxpayer assistance for GM and Chrysler in return for radical restructuring.
Bush Approves $17.4 Billion Auto Bailout
nytimes.com 12/19/2008 — The $13.4 billion in short-term financing and $4 billion at a later date are intended to prevent the collapse of General Motors and Chrysler. >
The Associated Press: Jury reaches verdict in Safavian trial
google.com 12/19/2008 — 59 minutes ago WASHINGTON (AP) A federal jury has reached a verdict in the corruption trial of a former Bush administration official charged in the Jack Abramoff lobbying scandal. The jury has deliberated since Wednesday on whether David Safavian ...
In a First, Gay Rights Are Pressed at the U.N.
nytimes.com 12/19/2008 — A declaration seeking to decriminalize homosexuality won the support of 66 countries. Opponents criticized it as an attempt to legitimize “deplorable acts.” >
Bush Aids Detroit, but Hard Choices Wait for Obama
nytimes.com 12/19/2008 — A $13.4 billion loan to General Motors and Chrysler may be followed by $4 billion more if the Obama administration finds sufficient progress. >
Bush Pardons Auto Manufacturers — The Washington Note
Bush to Bail Out Big 3 — Outside The Beltway | OTB
Bailing, Bailing, Over the Bounding Pain — Daily Pundit
Put Chrysler Back In Christmas — Hit & Run
Bridge Loans — Suburban Guerrilla
Coming Up: Bush’s Statement on Auto-Rescue Plan — WSJ.com: Washington Wire 12/19/2008
Henry J. Pulizzi reports on the White House. President George W. Bush will make an announcement at 9 a.m. ET regarding the “administration’s efforts to assist the auto industry,” according to an administration official. On Thursday, the ...
Bush says waiting would mean 'collapse' — POLITICO.com: Politics 12/19/2008
 Bush's seven-minute statement on the $17.4 billion bailout for automakers.
Bush: Hard keeping 'people's minds' on Iraq — POLITICO.com: Politics 12/19/2008
Bush said difficult for Americans to see the connection between al Qaeda in Iraq and their own security.
Obama Welcomes Auto Rescue as ‘A Necessary Step’ — WSJ.com: Washington Wire 12/19/2008
Henry J. Pulizzi reports on the White House. President-elect Barack Obama welcomed the Bush administration’s $17 billion lifeline for General Motors Corp. and Chrysler LLC, saying the plan was needed to keep the U.S. auto sector from ...
Analysis: Bush hands car keys off to Obama (AP) — Yahoo! News: Politics News 12/19/2008
AP - President George W. Bush's $17 billion lifeline to General Motors Corp. and Chrysler LLC means neither company will perish while he occupies the White House, yet leaves the ultimate fate of the once-proud auto industry up to the incoming ...