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Auto Bailout Unlikely Until Obama Takes Office

Detroit automakers warn that next year may be too late for rescue

By Rob Quinn, Newser Staff

Posted Nov 14, 2008 2:55 AM CST

(Newser) – It’s looking unlikely that a new economic stimulus package and a Detroit bailout will happen this year, the Wall Street Journal reports. The proposals are facing stiff resistance from Republicans and may have to wait until the new, more heavily Democratic Congress convenes in... Read full story »

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Auto Bailout Unlikely Until Obama Takes Office

Detroit automakers warn that next year may be too late for rescue

Bush administration • Harry Reid • auto industry • congressional Democrats • economic stimulus package • financial crisis • President Obama • auto bailout

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