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Democrats Seek To Add Carmakers To Bailout Plan

 

Published 11/11/2008 by Lori Montgomery and Kendra Marr at Wash Post In Congress

Congressional Democrats are drafting legislation to give the Detroit automakers quick access to $25 billion by adding them to the Treasury Department's $700 billion economic rescue program, as fears about General Motors' financial condition yesterday pushed its stock price to the lowest in about 60... (link)

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