Auto bailout failure condemned, Bush may step in

Dec 12, 2008 | 07:46 AM | Diana Schwaeble

The failure of the Senate to pass a $14 billion auto recovery plan came under fire Friday, though reports that the White House could authorize funding for embattled automakers held out some hope for the sector.

"We think this is completely irresponsible especially in the early stages of a deep recession that has been largely caused by the nation's failure to maintain a world class domestic manufacturing base," said Alan Tonelson, author and research fellow at U.S. Business and Industry Foundation.....

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