Auto Industry Financing and Restructuring Act
Monday, December 8, 2008Following is the discussion draft of legislation to provide federal financial aid to the domestic auto industry. The bill is being called the “Auto Industry Financing and Restructuring Act.”
Posted at the Senate Conservatives Fund, who described it as the text that “Congressional Democrats shared with the White House today.” Linked to by Michelle Malkin, a firm opponent of any aid.
UPDATE (4:50 p.m.): Here are the headlines within the last hour or so:
- Los Angeles Times, “White House, automakers close to reaching bailout deal“
- ABC News, “Government Closes In On Deal For Automakers“
- Reuters, “Auto bailout takes shape“
These same headlines, more or less, have run regularly since Friday.
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