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2009
11
24
NOVEMBER 2009
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Car Talk

Detroit Bailout Brawl

There's a fight brewing on Capitol Hill and neither side seems to be backing down. The issue: a proposed bailout of Detroit's reeling automakers. Many Democrats want any aid given to the auto industry to come with a requirement that companies retool to meet high fuel-economy standards. On Friday, President Bush came out against the proposal, urging Congress to ease the requirements so the funds can begin helping the auto companies as fast as possible. "It has become clear to us that the congressional Democrats...are choosing a path that will only lead to partisan gridlock," White House press secretary Dana Perino said. Nancy Pelosi shot back that Bush's proposal "would unwisely divert money urgently needed for modernization of the U.S. auto industry."

Posted at 2:40 PM, Nov 15, 2008
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