Bush gives automakers $17.4 billion lifeline

Seeded on Fri Dec 19, 2008 10:07 AM EST (msnbc.com)

The Bush administration came to the rescue of the troubled U.S. auto industry Friday, offering $17.4 billion in loans in exchange for concessions from carmakers and their workers.

business, washington, autos, committee, united-auto-workers, bush-administration, senate-majority-leader, msnbci

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