swamppolitics.com - 12/8/2008
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by Frank James
Steve Ellis of Taxpayers' for Common Sense has gotten a copy of the auto bailout legislation resulting from negotiations between Congress and the White House. Here's what his quick early take:
We just got it and are looking through it, but here is what we found so far: ...
Government Would Order Major Overhaul Of Auto Industry
huffingtonpost.com 12/6/2008 — WASHINGTON — The government would order a major restructuring of Detroit's struggling Big Three auto companies in exchange for a multibillion-dollar bailout under a plan circulating in Congress.
Skeptical lawmakers are weighing whether to ...
No auto-bailout vote today —
The Swamp
by Frank James
All of those waiting to see if there'll be an auto bailout vote today in the Senate can stand down.
Senate Minority Leader Mitch McConnell says there'll be no vote on the bailout today:
Here's the statement he made on the Senate floor:
"Republicans were told last ...
Auto Bailout Deal Reached? —
Daily Kos
Is a deal at hand on a bailout for the auto industry? Maybe: The White House and congressional Democrats yesterday reached an "agreement in concept" on a plan that would throw a government lifeline to the faltering Detroit auto industry but require the auto giants, their workers and creditors ...
Some Insanity Inside The Auto Bailout —
Riehl World View
What do you think is more important to Congress, keeping the Big Three auto makers in business and helping them to become profitable to save jobs? Or using the bailout for mostly political ends by catering to the usual special interest groups?
Figure this one out. A key issue car makers have ...
Is a bailout for Vegas casinos next? —
Think Progress
Congress and the White House say they are moving closer towards an agreement on a $15 billion rescue plan for the auto industry. On CNBC this morning, Sen. John Ensign (R-NV) said he would be inclined to filibuster the auto rescue deal. “I think that not only myself but several of us will ...
Congress, White House Near A Deal on Auto Bailout —
CNSNews.com Headlines
Washington (AP) - A federal "car czar" would oversee a government-run restructuring of U.S. auto companies in return for a $15 billion bailout of the beleaguered industry under an emerging deal between the White House and Congress. Negotiators worked through the night Monday narrowing ...
Auto bailout plan goes to the White House —
Crooks and Liars
Download | Play Download | Play The auto bailout plan is on its way to the White House, as House Speaker Nancy Pelosi explained today at her press conference: Pelosi: We are, as you know, for the past few days, in conversation about how we go forward with a package for the auto ...
Auto bailout appears close —
The Swamp
by Frank James
Looks like we could have an auto bailout deal between the White House and Congress by the end of the day.
As Jim Puzzanghera of the Tribune Washington bureau reports :
WASHINGTON - The White House said Monday morning it's "very likely" a deal will be reached today with ...
CBS: $15 billion auto bailout agreement reached —
Daily Kos
It appears agreement has been reached between the White House and Congress on an auto industry bailout to the tune of $15 billion. The $15 billion will not be drawn from the $700 billion stimulus package, but from the fund supposedly dedicated to getting energy-efficient car production up and ...
Temporary Auto Fix —
TPMCafe
Everyone seems to want to punt the majority of the Auto Bailout to the new administration.
New signs of deterioration in the U.S. job market added impetus to appeals by Detroit's auto makers for a bailout, as top lawmakers on Capitol Hill coalesced around the idea of providing a small ...
Daily Show: Bailout City Madness —
Crooks and Liars
In typical smart alek form, Jon questions why Congress is so reluctant to give the auto industry any financial relief, even though they supported the Wall Street bailout that literally has resulted in billions of unaccounted-for monies .
"The CEOs of the Big 3 automakers flew to ...
Congress, White House Talking $15B Auto Bailout —
CNSNews.com Headlines
Jolted by the loss of thousands of jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current ...
Hotline After Dark -- Singin' The Bailout Blues —
Hotline On Call Part Deux
The bailout the Big 3 auto companies are asking for from Congress was the talk of TV, with Chrysler CEO Robert Nardelli sitting down with CBS' Katie Couric on "Evening News."
Nardelli, on how he thinks he can convince Americans opposed to the deal that the bailout should go through: "I think ...
Barack Obama Fiddling While Detroit Burns —
Politics Daily
As negotiations in Congress over a prospective auto industry bailout drag on, one leading Democrat is criticizing President-elect Barack Obama for being essentially absent from the discussion. Rep. Barney Frank (D-MA), Chairman of the House Financial Services Committee, said that Obama has to ...
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