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Democrats: Obama needs hands-on economic approach
WASHINGTON - Democrats are growing impatient with President-elect Barack Obama's refusal to inject himself in the major economic crises confronting the country. Obama has sidestepped some policy questions by saying there is only one president at a time. But the dodge is wearing thin.
People:Christopher Dodd Henry Paulson Carl Levin Barack Obama Activities:Obama Admin. 2008 Global Recession Source:(AP)
2008-12-04
Automakers to submit plans to Congress
WASHINGTON - Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive.
People:Alan Mulally Carl Levin Harry Reid Nancy Pelosi Activities:2008 Automakers Downturn Source:(AP)
2008-12-02
Automakers need to make case for government aid
WASHINGTON - Democratic leaders began laying out conditions Friday that they say Detroit's Big Three automakers need to meet before Congress will consider giving them an emergency $25 billion lifeline.
People:Carl Levin Harry Reid Nancy Pelosi Activities:2008 Automakers Downturn 110th Congress
2008-11-21
No viable auto industry bailout plan: Democrats
WASHINGTON (AFP) - Democrats in Congress Thursday put off a vote on a bailout for crisis-hit "Big Three" auto makers off until at least December, and told industry chiefs to come up with a new rescue pitch.
Nations:U.S. People:Harry Reid Carl Levin Nancy Pelosi Activities:2008 Automakers Downturn 110th Congress Source:(AFP)
2008-11-20
Showdown looming in Congress of automaker rescue
WASHINGTON - Hardline opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-duck session of Congress.
Nations:U.S. People:John McCain Richard Shelby Jon Kyl Norm Coleman Carl Levin Newt Gingrich Activities:2008 Automakers Downturn 110th Congress
2008-11-16
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