Auto bad bank credit loan
WASHINGTON Ten U.S. governors asked Congress today to back $25 billion in loans for the auto industry, while a powerful anti-tax political group criticized Republican presidential candidate John McCain for supporting the loans.
House to make auto loans a final act before adjourning (Detroit Free Press)
WASHINGTON — House Speaker Nancy Pelosi said today the U.S. House will hold off on considering $25 billion in direct loans to the auto industry until one of its final bills before it adjourns late this month.
10 governors push auto loans (WZZM 13 Grand Rapids)
10 governors push auto loans
Auto loans boost CR s chances (The Hill)
House Speaker Nancy Pelosi s (D-Calif.) plan to attach $25 billion in government loans for the U.S. auto industry onto a resolution keeping the government funded could guarantee the funding bill s passage.
Consumers could struggle to get home, auto loans (The Tennessean)
The crisis in the financial markets could make it even tougher to get loans to buy cars or houses and the Federal Reserve didn’t make things any easier by declining to lower interest rates this week.
Suppliers make pitch for federal auto loans (Detroit Free Press)
WASHINGTON — Auto parts suppliers flooded Capitol Hill on Friday to make their case for $25 billion in federal loans for the industry, as the Bush administration declined to say if it supports the funds. The Motor and Equipment Manufacturers Association, the trade group for the parts industry, said it met with more than 40 lawmakers Friday.
