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Senate fails to pass $14 billion auto bailout

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Old 12-11-2008, 11:27 PM
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Senate fails to pass $14 billion auto bailout

Senate fails to pass $14 billion auto bailout

Senate Democrats and the White House failed to find 60 votes to end debate on a $14 billion auto bailout bill and bring it to a vote Thursday night, killing the measure for the year.

The 52-35 vote followed the collapse of negotiations between Senate Democrats and Republicans seeking a compromise.

full story: http://www.cnn.com/2008/US/12/11/aut...out/index.html


Looks like the big 3 will be tightening the purse strings to stay afloat while congress continues to deliberate.

(mods, feel free to merge with https://www.rx8club.com/showthread.p...50#post2765450 if you feel that the topics are too closely related)
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