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$5 Billion More for Detroit

ATM

Auto part suppliers now getting government aid.

$5 billion? Almost sounds like chump change now. The ailing auto industry will be getting an extra $5 billion from taxpayers to help it stay afloat. This time, the funds are going to auto part manufacturers who have long-sought aid. "Though the Treasury has focused on helping Detroit's automakers survive the ongoing economic downturn, the vast majority of jobs and revenue stems from the automakers' web of U.S. parts suppliers, who provide everything from the seats to electronics," the Washington Post reports.

Read it at The Washington Post

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