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Auto Bailout: From the Ashes?
blogs.abcnews.com - 11/20/2008
Auto Bailout: From the Ashes?
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ABC News' Jonathan Karl Reports: A deal has been struck in the Senate on a compromise bailout plan for the Big Three automakers. It is still unclear whether this will pass the Senate. And, if it does, it is unclear...
thehill.com - 11/20/2008
Congress to return in December
— thehill.com — Congress will return in December to work on legislation to help the nation’s ailing auto manufacturers, Democratic... leadership sources said Thursday afternoon. No date has been confirmed, but it is expected Congress will return the week of Dec. 8. ... (more) Congress to return in December

Comments vote down Think Progress found this 11/20/2008found this
If It Happens, The Auto Industry Bailout Needs To Be Done Right
wonkroom.thinkprogress.org - 11/14/2008
If It Happens, The Auto Industry Bailout Needs To Be Done Right
— wonkroom.thinkprogress.org — There seems to be a growing consensus in Washington that the federal government needs to bail out... America’s auto industry. The Wall Street Journal reported today that Sen. Harry Reid (D-NV) and Rep. Nancy Pelosi (D-CA), in a letter sent ... (more) If It Happens, The Auto Industry Bailout Needs To Be ...

Comments vote down Think Progress found this 11/14/2008found this
balloon-juice.com - 11/23/2008
The Auto Bailout
— balloon-juice.com — Over at the Corner , all sorts of gruesome numbers regarding the woes of the Big Three,... and the question I have to keep asking is why bail them out? I really do not understand how sending tens of billions on top of the 25 billion in loans to ... (more) The Auto Bailout
Comments vote down The Moderate Voice found this 11/23/2008found this

Blog Reactions

Swampland:  Auto Agreement?

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Auto Agreement?
Swampland — ... There are reports this afternoon that an agreement has been reached to bailout the auto industry. Even if this is true – that leaders in both parties have signed on – I'm told a vote would be very unlikely before Thanksgiving since there's bound to be GOP senators that, barring an en masse drastic change of heart, would object to the leaders bringing the bill to the floor outside of regular order. Which means the measure would have to overcome a filibuster and a bunch of procedural votes before final passage. Harry Reid's office is still looking over the deal to try and decide ...

Related: carl levin auto bailout
On again, off again auto bailout back on? — Daily Kos
Diarist Johnny Venom is following this minute-by-minute , but the basics are that the auto bailout that looked to have been abandoned earlier today may be back on. But is it back on only to be shot down all over again? The AP reports that auto state Senators Carl Levin (D-MI), Debbie Stabenow ...
Death Knell for Detroit Dinosaurs — Israpundit
Finger-pointing begins as Senate nixes auto vote ( AP) Big Three CEO's before House Financial Services Committee Sen. Carl Levin, D-Mich., holds up a print-out of a New York Times article as he testifies on Capitol Hill in Washington, Wednesday, Nov. 19, 2008, before a Financial Services ...
Levin introduces bill that would lend $25 billion to automakers — Democratic Underground Latest Breaking News
Source: [b]Detroit free Press[/b] WASHINGTON – Michigan Sen. Carl Levin unveiled legislation authorizing up to $25 billion in loans to the U.S. auto industry and makers of auto components struggling to stay afloat. The money would come through the $700 billion bailout bill for the financial ...
Mitchell Bard: The Meaning of Change Will Be Tested With the Auto Industry Bailout — Politics on HuffingtonPost.com
On Meet the Press yesterday, Tom Brokaw presented the two sides of the proposed $25 billion auto bailout debate. Sen. Carl Levin, Democrat of Michigan, argued that it was essential to help the car manufacturers survive, since not to do so would mean the loss of millions of jobs. Sen. Richard ...
Mitchell Bard: The Meaning of Change Will Be Tested by the Auto Industry Bailout — Politics on HuffingtonPost.com
On Meet the Press yesterday, Tom Brokaw presented the two sides of the proposed $25 billion auto bailout debate. Sen. Carl Levin, Democrat of Michigan, argued that it was essential to help the car manufacturers survive, since not to do so would mean the loss of millions of jobs. Sen. Richard ...
“We Did It With the Airline Industry” — Matthew Yglesias
Senator Carl Levin was noting on Meet The Press that his proposed bailout for the auto industry “is not unprecedented,” observing that “we did it with the airline industry.” That seems very true to me, but also seems a lot like a cautionary tale. The airline industry is ...
Top GOP senators oppose automaker bailout — msnbc.com: Politics
Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming.