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Wednesday, November 19, 2008

Lawmakers Delay Aid to Automakers

A bipartisan proposal to repurpose $25 billion in automaker loans intended for fuel-efficiency development is held up. Senate leaders are demanding Detroit's Big Three to present plans for a "long-term survival." It makes sense, why loan such a multitude of money and give to the same people who ended up in these some problems that may be reoccuring. I don't blame the senators.