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Auto Industry Rescue Legislation

Five Mistakes by DC and Detroit Hurt Detroit Three's Survival Shances

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.

Democrats Ready Emergency Legislation To Aid Auto Industry

New York Times | DAVID M. HERSZENHORN and CARL HULSE | Posted 05.25.2011 | Politics

Democratic Congressional leaders said Tuesday that they were ready to push emergency legislation to aid the imperiled auto industry when lawmakers ret...