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Bailout Goes Down
It appears that the auto bailout just went down in flames on the Senate floor. GOP leader Mitch McConnell had this to say: The sticking point that we are left with is the question of whether the UAW is willing to agree to a parity pay structure with other manufacturers in this country by a ...
McConnell: Bailout votes aren't there
politico.com — The auto industry bailout politics are a mess this morning. Senate Minority Leader Mitch McConnell said Wednesday that Republicans are not prepared to back the massive auto-bailout package being negotiated by the White House and congressional ... (more) McConnell: Bailout votes aren't there
McConnell opposes auto bailout
thehill.com — Senate Minority Leader Mitch McConnell (R-Ky.) announced Thursday morning he would oppose a $15 billion bailout of the U.S. auto industry, dealing the package a substantial blow. McConnell argued on the Senate floor that the package, which the House ... (more) McConnell opposes auto bailout
McConnell expects Congress to consider auto help next week | courier-journal | The Courier
courier-journal.com — Detroit automakers are clearly in need, U.S. Sen Mitch McConnell said today, predicting Congress will take up some type of taxpayer aid package next week. But the Senate majority leader added he remains undecided on how to proceed. "Nobody disputes it ... (more) McConnell expects Congress to consider auto help next ...
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UAW's super-high pay a mythThe Swamp
by Frank James One of the stumbling blocks that reportedly caused the Senate to fail to pass the auto-bailout legislation was Senate Republican demands that the United Auto Workers at the Detroit Three auto plants get their wages to parity with workers at Toyota and Honda. But just what ...