Next Bailout May Be for Automakers McCain, Obama Back Loan Guaranties By RUSSELL BERMAN, Staff Reporter of the Sun | September 16, 2008 http://www.nysun.com/national/next-bailout-may-be-for-automakers/85937/ WASHINGTON The beneficiary of the next government bailout may not be Wall Street but Motor City. The nation's top car manufacturers are pushing Congress to act by the end of this month to guarantee $25 billion in loans to help them invest in the production of fuel-efficient vehicles. The idea is being greeted warmly by both the Democratic and Republican presidential candidates, who see it as a way to win votes in the swing state...
Read More...
[Source: Latest Articles - Posted by FreeAutoBlogger]
Next Bailout May Be for Automakers ($25 billion loan for investing on fuel-efficient car?)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment