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Pelosi and Reid Urge White House to Aid Automakers

Nov. 8, 2008
Democratic Congressional leaders suggested using the $700 billion bailout for the financial system to help distressed automakers.
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WASHINGTON, Dec. 16 (UPI) -- Stakeholders in the U.S. auto industry must show they're willing to sacrifice if assistance funds are to be allotted, a White House spokeswoman said Tuesday.
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Dems unveil automakers rescue plan

WASHINGTON, Dec. 8 (UPI) -- Congressional leaders Monday announced details of $15 billion in emergency loans proposed for U.S. automakers, using loan funds already passed into law.

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.
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Scientist: Link auto aid to fuel economy

Scientist: Link auto aid to fuel economy

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Congress to automakers: Give us a plan

Congress to automakers: Give us a plan

WASHINGTON, Nov. 20 (UPI) -- U.S. automakers must spell out to Congress how it would spend any bailout funds they are awarded, Democratic leaders said Thursday.
Frank, Shelby spar over auto bailout issue

Frank, Shelby spar over auto bailout issue

WASHINGTON, Nov. 19 (UPI) -- A bailout of U.S. automakers would be a life support measure and would not force them to change their business model or management, a Senate Republican said.

Group says link auto aid to efficiency

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Paulson cool to auto company help

Paulson cool to auto company help

WASHINGTON, Nov. 18 (UPI) -- U.S. Treasury Secretary Henry Paulson urged Congress to modify already-passed legislation to help the auto companies rather than expect him to buy stock.

Bush waiting for Congress on auto question

WASHINGTON, Nov. 14 (UPI) -- The White House is waiting to learn what the U.S. Congress does on a possible bailout for automakers, a spokeswoman said 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.
Pelosi pushes for more auto industry aid

Pelosi pushes for more auto industry aid

WASHINGTON, Nov. 12 (UPI) -- U.S. House of Representatives Speaker Nancy Pelosi called for legislation that would enable U.S. automakers to participate in the $700 billion federal bailout.
Automakers to get $25 billion in loans

Automakers to get $25 billion in loans

DETROIT, Sept. 28 (UPI) -- Congressional approval of $25 billion in low-interest loans could boost the flagging U.S. auto industry, Sen. Carl Levin, D-Mich., says.
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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