Bush Admin. Announces Bailout to Automakers
The Bush administration announced Friday it would provide billions of dollars in loans to troubled U.S. automakers to help them avoid bankruptcy.
The automakers will receive a $13.4 billion assistance package that will force restructuring and concessions on labor and retirement benefits, with the threat of repaying those loans on March 31st if they fail to meet those conditions.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts
Daily News
Hunter Biden's SECOND TRIAL Set To Begin, Prosecutors Look To Bring Addiction Back Into Spotlight
Hunter Biden's SECOND TRIAL Set To Begin, Prosecutors ...
RFK Jr tells Roseanne Barr he staged dead bear cub ...
Kamala Harris's VP shortlist narrows
Harris, Trump court voters in Georgia as they stand ...
