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House passes Auto Rescue/Bailout Bill, still faces heavy Senate opposition
The U.S. House of Representatives voted late Wednesday to pass the Auto Rescue/Bailout Bill by a vote of 237 to 170. The contents of the bill came from concessions made by Congressional Democrats to White House demand, which include $14 billion in government loans, $1 billion less than was previously discussed, and the creation of a "Car Czar" appointed by the president to oversee the automakers' progress. It is widely recognized that the bill is a stop-gap measure meant to float General Motors and Chrysler through the end of March. This would ... Read more →
Auto Rescue/Bailout Bill ready to go, GOP could still block in Senate John Neff
Rescue, bailout, whatever you want to call it, the bill that would shovel about $15 billion in gov't loans to General Motors and Chrysler is being finalized as we speak. The stumbling block between ...
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House passes Auto Rescue/Bailout Bill, still faces heavy Senate opposition 1 year ago on Autoblog
The U.S. House of Representatives voted late Wednesday to pass the Auto Rescue/Bailout Bill by a vote of 237 to 170. The contents of the bill came from concessions made by Congressional Democrats to White House demand, which include $14 billion in government loans, $1 billion less than was ...
Auto Rescue/Bailout Bill ready to go, GOP could still block in Senate 1 year ago on Autoblog
Rescue, bailout, whatever you want to call it, the bill that would shovel about $15 billion in gov't loans to General Motors and Chrysler is being finalized as we speak. The stumbling block between Congressional Democrats and the White House has been the breadth of power that will be given to a ...
Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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