After being denied the 25 billion dollars that they requested from the 700 billion dollar bailout plan, the senate proposed 14 billion dollars in government loans.
A massive amount of opinions came in once the public had learned that they were denied the money and believed that we shouldn't allow the biggest industry to fail. So congress is letting them slip by with the cash as long as they totally reinvent themselves in a couple years. This means they will be under strict review from the government in how they are to spend the funds they are getting.
The auto industry for America is now in serious jeopardy....
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