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Posts Tagged ‘ Republican Opposition ’

Auto Bailout Passes House, Faces Hostile Senate

Dec 11th, 2008 | By William Patalon III | Category: Financial News

The U.S. House of Representatives approved a $14 billion federal loan package for Detroit’s embattled “Big Three” late yesterday (Wednesday), overcoming Republican opposition in the House but leaving the bill to face an uncertain fate in a hostile Senate.

Tags: American Automobile Industry, Bailout Package, Big 3, Car Czar, Ford Motor Co., Gm, Golden Parachutes, HMC, HYMLF, Nancy Pelosi, Republican Opposition, TM, William Patalon III
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