Congress and the White House appear to have worked out a $15 billion auto bailout.
From the Associated Press:
“Sen. Mitch McConnell, R-Ky., said he was concerned that Democrats were proposing a package that “fails to require the kind of serious reform that will ensure long-term viability for struggling automobile companies.””
“With their approach, “we open the door to unlimited federal subsidies in the future,” McConnell said.”
Hold that thought, Senator.