A 14 billion US government rescue plan for American automobile industry was passed in the US House. The bailout plan aimed to help the deteriorating conditions of automoblie industry, particularly General Motors and Chrysler.
Some Congressional Democrats speculated that if Senate Republicans were kill the rescue plan, the Treasury secretary, Henry M. Paulson, Jr., would have no choice but to keep G.M. and Chrysler afloat, at least until the new Congress begins early next month and wider Democratic majorities are sworn into office.
more....
0 comments:
Post a Comment