Senate reaches deal to avert government shutdown, preserves auto funds
Democrats in Congress want to use federal funds to spur job creation, especially in the green sector, while Republicans argue that federal spending is already out of control and damaging the nation's economy. The two groups have repeatedly locked horns over the national budget in the past few months.
Officially, the Advanced Technology Vehicles Manufacturing Loan Program has saved or created around 40,000 jobs since its creation in 2007. Of the $7.2 billion originally set aside for the fund, around $4 billion remains, according to The Detroit News. The money has been used for projects by both Ford and Nissan.
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