Federal Loans to Automotive Industry

President Bush spoke about financial aid to the automotive industry that would provide $13.4 billion in emergency loans to prevent the… read more

President Bush spoke about financial aid to the automotive industry that would provide $13.4 billion in emergency loans to prevent the collapse of General Motors and Chrysler, and another $4 billion in February if companies demonstrate they can return to profitability. He also said that he did not believe bankruptcy was a suitable alternative because it would lead to lower consumer confidence. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Federal Loans to Automotive Industry

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Program ID:
282986-1
Category:
White House Event
Format:
Speech
Location:
Roosevelt Room, White House, Washington, District of Columbia, United States
First Aired:
Dec 19, 2008
Last Aired:
Dec 20, 2008

Airing Details

  • Dec 19, 2008 | 9:01am EST | C-SPAN 1
  • Dec 19, 2008 | 10:57am EST | C-SPAN 1
  • Dec 19, 2008 | 5:52pm EST | C-SPAN 1
  • Dec 19, 2008 | 8:01pm EST | C-SPAN 1
  • Dec 19, 2008 | 11:29pm EST | C-SPAN 1
  • Dec 20, 2008 | 4:49am EST | C-SPAN 1
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