Auto State Politicians Stunned By Obama's 'Tough Love' For Them And Not So Much For Wall Street

Auto State Politicians Stunned By Obama's 'Tough Love' For Them And Not So Much For Wall Street

The Obama administration's harsh treatment of the auto industry is backfiring with some auto state politicians despite a concerted effort to build support for the federal crackdown on General Motors and Chrysler.

Late Sunday evening, the White House held an hour-long conference call with a half-dozen lawmakers who represent auto industry states, laying out a "tough love" scenario in which GM will get 60 days of working capital, while Chrysler has only 30 days to cut a deal with Italian automaker Fiat if they are to survive.

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