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Obama Asks Bush to Back Rescue of Automakers

Nov. 11, 2008
President-elect Barack Obama yesterday urged President Bush to support immediate aid for struggling automakers and back a new stimulus package, even as congressional Democrats began drafting legislation to give the Detroit automakers quick access to $25 billion by adding them to the Treasury...
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Next step for automakers is improved sales

DETROIT, Dec. 22 (UPI) -- Experts say the next critical step in helping U.S. automakers recover is for Americans to show up in dealers' showrooms and buy a new car.

UAW leader satisfied with bailout progress

WASHINGTON, Dec. 7 (UPI) -- The president of the United Automobile Workers said Sunday he is optimistic Congress will approve a bailout plan for U.S. automakers this week.

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.
Dems agree on auto bridge loan plan

Dems agree on auto bridge loan plan

WASHINGTON, Dec. 5 (UPI) -- Congressional Democrats said Friday they have agreed on a plan for short-term loans that one lawmaker said would carry U.S. automakers "well into" next year.
Scientist: Link auto aid to fuel economy

Scientist: Link auto aid to fuel economy

WASHINGTON, Dec. 4 (UPI) -- Any financial aid given to the U.S. auto industry should be linked to better fuel economy, a member of the Union of Concerned Scientists 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.
UAW bends, offers concessions

UAW bends, offers concessions

DETROIT, Dec. 4 (UPI) -- United Automobile Workers said they would rather bend than break, offering concessions to U.S. automakers on the eve of bailout hearings in Washington.

UAW reps meet to discuss opening contract

DETROIT, Dec. 3 (UPI) -- United Auto Workers leadership gathered in Detroit Wednesday to discuss opening their contract up to negotiations as automakers face possible bankruptcy.

Automakers say bailout is do or die

DETROIT, Dec. 3 (UPI) -- U.S. automakers are in a do-or-die situation, pleading with Washington lawmakers for as much as $38 billion in federal bailout loans, a top executive said.

UAW leaders to discuss concessions

DETROIT, Dec. 2 (UPI) -- The United Auto Workers union has called for an emergency meeting to discuss possible concessions it could make to keep U.S. automakers going, sources said.

Obama sympathetic to automakers' plight

CHICAGO, Nov. 24 (UPI) -- U.S. President-elect Barack Obama Monday said any help provided to the auto industry must be a long-term solution, "not just kicking the can down the road."
Obama wants to see Big Three recovery plan

Obama wants to see Big Three recovery plan

WASHINGTON, Nov. 23 (UPI) -- A top adviser to U.S. President-elect Barack Obama said Sunday that the Big Three automakers need to change the way they do business.
Pelosi: Automakers must be accountable

Pelosi: Automakers must be accountable

WASHINGTON, Nov. 23 (UPI) -- House Speaker Nancy Pelosi, D-Calif., said Sunday that accountability must be required of U.S. automakers if they are to get taxpayer-funded help.

Karzai: Obama promises Afghan aid

KABUL, Afghanistan, Nov. 23 (UPI) -- Afghan President Hamid Karzai says U.S. President-elect Barack Obama has assured him the United States will continue to aid his nation.
Bush raps Congress on carmaker aid

Bush raps Congress on carmaker aid

LIMA, Nov. 21 (UPI) -- U.S. President George W. Bush Friday criticized Congress for not voting on a compromise measure to allow automakers access to $25 billion in federal loans.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler