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Article: United States: White House and Democrats push for auto bailout deal.
- Article from:
- TendersInfo
- Article date:
- December 10, 2008
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Byline: sujit03
The White House on Tuesday demanded greater assurances about the viability of U.S. automakers before it would agree to a Democratic proposal for $15 billion in short-term loans for the wounded corporate giants.
The administration also opposed a Democratic bid to force automakers to drop lawsuits against California and other states seeking to cut tailpipe pollution, Democrats said.
Regardless, Democrats trying to cut an elusive deal with the administration said they remained hopeful an agreement would soon be reached and passed by Congress, perhaps by week's end.
"Progress is being made," said Nancy Pelosi, speaker of ...