Author Topic: US Car Bailout Dead  (Read 1364 times)

pioneer

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US Car Bailout Dead
« on: December 13, 2008, 07:04:30 AM »
Senate Democrats and the White House failed to find 60 votes to end debate on a $14 billion auto bailout bill and bring it to a vote Thursday night, killing the measure for the year.

The 52-35 vote followed the collapse of negotiations between Senate Democrats and Republicans seeking a compromise.

"We have worked and worked and we can spend all night tonight, tomorrow, Saturday, and Sunday, and we're not going to get to the finish line," Senate Majority Leader Harry Reid said on the Senate floor before the vote. "That's just the way it is. There's too much difference between the two sides." source: CNN

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