Auto Industry Loan Proposal
Speaker Pelosi and Representative Frank spoke to reporters and answered questions about a proposal to provide $15 billion in short-term loan… read more
Speaker Pelosi and Representative Frank spoke to reporters and answered questions about a proposal to provide $15 billion in short-term loans to automobile companies. The proposed aid placed restrictions on expenditures and provided for broad government oversight. Speaker Pelosi likened the compromise to a barber shop where all involved would receive “haircuts.” close
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