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.

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