Shocking jobs figures prompt lawmakers to support rescue
(NEWSER) - Democratic lawmakers will bail out the Big Three with billions of dollars in loans after all, the New York Times reports. Their change of heart, which comes after 2 days of auto exec hearings, was inspired by today's news that half a million Americans lost their jobs last month. Congress plans to vote next week on $15-$17 billion in short-term loans to the Detroit automakers, Reuters reports. More»
