Senate Majority Leader, Harry Reid says there will be a vote on the Auto Bailout dispite Congressional Republican Opposition. The vote will be today or Wendsday.
Congress and the White House are working toward a $15 billion short-term agreement to bailout the auto industry. Senate Majority Leader Harry Reid says Congress could act on an auto bailout as early as the end of the day.
Congressional Democrats and the White House on Tuesday are expected to finalize a $15 billion emergency loan package to help save millions of jobs connected to the nation's troubled auto industry.
Talks to prevent the collapse of General Motors Corp. and Chrysler LLC have intensified in recent days, with the broad outline of a plan emerging Monday. GM, Chrysler and Ford Motor Co. directly employ about 350,000 people, and millions of other workers depend on the industry.
Under the deal taking shape, GM and Chrysler would get emergency loans on Dec. 15. Then an overseer — a kind of "car czar" — would write guidelines, due on the first of the year, for restructuring the Big Three automakers. If the car companies haven't taken enough steps to reinvent themselves by Feb. 15, the overseer could recall the money.



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at 14:47 on May 28th, 2009
As long as there is ACORN Reid is going no where
I thought election fraud was at it's highest when the Clintons made their run for the White House. Election fraud was reported but nobody would do anything about it, now we are paying the price. Clinton and Bob Rubin were trying to bankrupt the country than and now thanks to Acorn, the homeless, the illegals and the Kennedy clam their at it again and this time there's no stopping them. They hold all they spots and that's what the Communist party has been trying for all along and now they got what they wanted. We were warned about letting this people into office. Obama is just a Puppet, a deal made in hell. The Clinton machine gave the Presidency to Obama because they knew they could play the RACE card. no matter what he does he will get away with it and any sign of Impeaching this NUT CASE they liberal, socialist, communist radicals will bring about a race war.