White House Daily Briefing
During the daily White House briefing, Joel Kaplan gave details of the plan announced earlier that morning to make federal loans to the auto… read more
During the daily White House briefing, Joel Kaplan gave details of the plan announced earlier that morning to make federal loans to the automotive industry. The plan included $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. close
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