news.yahoo.com - 12/10/2008
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AP - Weary Democratic congressional leaders pushed to clear the final obstacles to a $15 billion bailout of U.S. automakers Tuesday night, but the rescue plan faced new snags as Republicans raised deep concerns.
news.yahoo.com - 12/12/2008
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news.yahoo.com —
AP - The top Senate Democrat says a
bipartisan group of senators has a tentative agreement on...
an emergency bailout for U.S. automakers that could see a vote tonight. Majority Leader Harry Reid said the lead Republican architect of the deal was ...
(more)
Key lawmakers reach tentative auto bailout deal
(AP)
thehill.com - 12/6/2008
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thehill.com —
Democratic leaders in Congress struck a last-minute deal
with the White House late Friday on a rescue...
plan for the U.S. auto industry, according to Congressional sources, bringing a breakthrough to two days of frustration among auto executives, ...
(more)
Deal reached on auto bailout
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Auto Bailout Deal Reached?
Daily Kos —
... that the money will come from a program meant to advance fuel efficiency, that it won't cut into the $700 billion presented to Wall Street on a silver, string-free platter, and with major concessions from the UAW, but that may not be enough: ...
GOP Senators Come Out Against Bailout Bill
Politics Daily —
... The vote on the ginormous $14 billion auto maker bailout bill is tonight, but now comes late word that a growing number of Senate Republicans aren't ready to give it the okay. The measure was put together by Democrats and the Bush administration, which has sent White House officials to Congress to try to rally for votes. ...
Auto rescue bill in peril, opposed by GOP senators
Democratic Underground Latest Breaking News —
... announced plans to block the measure. "They got a good dose," said opponent Tom Coburn, R-Okla., as he emerged from the session. Even auto state Republicans who have pushed hard for a bailout said the measure needed work. Sen. Kit Bond, R-Mo., said he wanted to see changes. And Sen. George V. Voinovich, R-Ohio, said the measure didn't have the necessary Republican votes to pass Congress. The Republicans' revolt came as the House began procedural votes on the package. Read more: http://news.yahoo.com/s/ap/20081210/ap_on_go_co/congres...
Congressional Republicans Likely To Filibuster Auto Deal
Firedoglake —
... The auto deal is currently in front of the House, and there's some worry there that Republicans may use motions to re-commit in order to add in some noxious riders. But even worse news comes from the Senate, where Congressional Republicans are threatening to make sure the bill doesn't pass at all: ...
Related Content
Auto Bailout Deal Reached?
dailykos.com 12/10/2008 — 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 ...
Is There a Good Auto Bailout?
theamericanscene.com 12/10/2008 — Sure, in principle.
There appears to irresistible momentum behind a “temporary” bailout designed to forestall bankruptcy until the new administration is in place. The problem with imagining that this does anything other than kicking the can down ...
No to the Auto Bailout
frum.nationalreview.com 11/13/2008 — Don't bail out the automakers, I urge on "Marketplace" today:
Time was when General Motors alone ranked among the largest employers in the United Stat... . . .
Obama keeps low profile in auto rescue talks
(AP)
news.yahoo.com 11/22/2008 — AP - While President-elect Barack Obama publicly sidelined himself during congressional debate over an auto industry bailout this week, he and his top aides quietly prodded congressional leaders to find a solution to rescue struggling automakers.
"Auto bailout dead."
althouse.blogspot.com 12/20/2008 — "Negotiations ended, no deal.... Until next year. Corker tried to make a deal with Dems, UAW wouldn't make concessions, so it will die on cloture vote with GOP opposing. Vitter held the line too, objecting to quick vote, forcing more debate. He was ...
Auto Bailout
mahablog.com 11/17/2008 — There appears to be general agreement across the political spectrum that the Big Three automakers are going bankrupt because their CEOs have made many really, really bad choices over the years. Joseph Romm has an article at Salon about this. Here is ...
Breaking: Auto Bailout Dies In Senate
gatewaypundit.blogspot.com 12/12/2008 — The word is-- The auto bailout is Dead as a Doornail . UPDATE-- It's official. The bailout is dead . The unions would not budge: The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the United Auto Workers ...
Democrats Claim Deal on Auto Rescue Bill
online.wsj.com 12/11/2008 — Democratic lawmakers say that the White House has finalized a deal to spend $15 billion on loans for U.S. auto makers, which could see a House vote Wednesday.
Another Bailout Blowout? Why the Auto Deal May Crash
time.com 12/11/2008 — For the shaky fortunes of the ailing U.S. auto industry , appearances could hardly have been more deceiving than they were Wednesday on Capitol Hill. Late in the day, the House of Representatives passed by a wide margin of 237-170 a bill to give ...
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