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Congressional Democratic leaders expressed the intent on Tuesday to make it possible for beleaguered U.S.-based auto companies to access at least $25 billion in low interest loans, a priority for industry facing tougher requirements for fuel efficient vehicles.

Pelosi signals support for auto industry loans (WOOD TV 8 Grand Rapids)
WASHINGTON — House Speaker Nancy Pelosi said Tuesday she would push her colleagues to support a loan program to help the auto industry modernize its plants, but lawmakers said the…

House leadership weighs loans for automakers (Reuters via Yahoo! News)
The U.S. House of Representatives is discussing an auto industry request to set in motion at least $25 billion in government-backed loans to help beleaguered U.S. manufacturers retool plants to make more efficient cars and trucks, Majority Leader Steny Hoyer said on Tuesday.

Pelosi signals support for auto industry loans (AP via Yahoo! Finance)
House Speaker Nancy Pelosi said Tuesday she would push her colleagues to support a loan program to help the auto industry modernize its plants, but lawmakers said the details were still being discussed.