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Auto Bailout Talks Collapse as Senate Deadlocks Over Wages

Dec. 12, 2008
The Bush administration said today it was willing to consider using funds from other sources to provide emergency aid to the nation's Big Three car companies following the Senate's rejection Thursday night of a Congressional bailout plan.
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Senate GOP puts brakes on auto bailout

WASHINGTON, Dec. 10 (UPI) -- U.S. Senate Republicans threw up a roadblock Wednesday on efforts to pass a $14 billion bailout for the U.S. auto industry.

Majority don't favor bailout, poll shows

PRINCETON, N.J., Dec. 9 (UPI) -- Americans say they oppose a bailout of the U.S. auto industry, but that opposition would fade if an automaker failed without the money, a poll indicates.

Obama weighing auto aid options

CHICAGO, Dec. 5 (UPI) -- President-elect Barack Obama may have kept a low profile publicly on a bailout for U.S. automakers but he's been active behind the scenes, his advisers said.
Dodd says he'll try to shape auto bailout

Dodd says he'll try to shape auto bailout

WASHINGTON, Dec. 4 (UPI) -- U.S. Sen. Christopher Dodd, D-Conn., said he believes Congress may be able to fashion a bailout plan for U.S. automakers based on what he heard Thursday.

GM likely to be compliant this week

DETROIT, Nov. 30 (UPI) -- Auto analysts predict General Motors will offer whatever concessions it has to in order to win congressional approval of a $25 billion bailout.

House grills Treasury on bailout

WASHINGTON, Nov. 14 (UPI) -- A U.S. House panel kept up the congressional criticism of the Treasury Department's handling of the $700 billion financial bailout Friday.
Bailout for U.S. auto manufacturers dim

Bailout for U.S. auto manufacturers dim

WASHINGTON, Nov. 14 (UPI) -- A bailout plan for beleaguered U.S. automakers is unlikely before the end of the year as Democratic congressional leaders say they don't have the votes.
Paulson: Bailout not for auto industry

Paulson: Bailout not for auto industry

WASHINGTON, Nov. 12 (UPI) -- The bailout package is for the financial industry, not the U.S. auto industry, despite its importance to the economy, Treasury Secretary Henry Paulson said.

Code Pink protesters see red over bailout

WASHINGTON, Oct. 1 (UPI) -- A group demonstrated in the Senate offices of U.S. presidential candidates John McCain and Barack Obama, protesting their support of a Wall Street bailout.

Bush: GOP, Dems will pass bailout package

WASHINGTON, Sept. 26 (UPI) -- U.S. President George Bush expressed optimism Friday that "Republicans and Democrats would come together" and pass a Wall Street bailout plan.

Bush: U.S. economy in crisis

WASHINGTON, Sept. 24 (UPI) -- U.S. President George W. Bush said the nation's economy would suffer catastrophic effects if Congress fails to pass a bailout of the financial industry.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa