Auto industry bailout plan dies in the Senate

By admin on Friday, December 12, 2008
Filled Under: Top News

Senate Majority Whip Dick Durbin, D-Ill., is pursued by members of the press, during a break in negotiations at the Capitol.  A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts.


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