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Updated: 11:43 AM Dec 11, 2008
House Passes $14 Billion Auto Bailout
The House has passed legislation to speed $14 billion in emergency loans to the imperiled U.S. auto industry.
Posted: 9:10 PM Dec 10, 2008Reporter: The Associated Press Email Address: news@herald-dispatch.com |
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WASHINGTON (AP) - The House has passed legislation to speed $14 billion in emergency loans to the imperiled U.S. auto industry.
Democrats and the White House hope the bill can be enacted by week's end, but it's still in jeopardy from Republican senators who are strongly opposed.
Latest Comments
Posted by: james
on Dec 11, 2008 at 03:23 PM
no matter how much money you give them to bail them out, it will not work, its the people that have quit buying the cars.bail the peopl out and we may be able to buy a new car.
Posted by: David
on Dec 11, 2008 at 02:10 PM
Reward for bad decisions and business practices! STUPID politcians.
Posted by: Mark
on Dec 11, 2008 at 11:54 AM
Now I have helped bailout banks, insurance companies and now maybe the auto industry. Soon my taxes will bail out people who bought houses with loans that were stupid. If I lose my job, the WV unemployment benefits will only pay 66% of a salary that is 33% of mine! Why not have the bailout money to go those who paid majority of the taxes, but have now lost their jobs? Those are the middle class people that need help. It is our tax money and we should not have to take it anymore! It is time the public speaks up and make it known that we will not take it anymore. As for the teacher comment, my wife is a teacher and has no problem with drug testing. Her only problem is that she doesn't trush Kanawha county to get a good lab.
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