Democrats push for speedy auto rescue

Nov 10, 2008 | 11:53 AM | Martyn Chase

Congressional leaders are urging the Bush administration to back immediate financial aid for the nation's auto industry by tapping into the Treasury Department's $700-billion emergency financial rescue program.

Over the weekend, House Speaker Rep. Nancy Pelosi (D., Calif.) and Sen. Harry Reid (D., Nev.), the Senate majority leader, sent a letter to Treasury Secretary Henry M. Paulson Jr. asking him "to review the feasibility of providing temporary assistance to the automobile industry during the current financial crisis."....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results