November 21, 2008

"PRESENT":

Obama stays out of car wars on the Hill (David R. Sands, November 20, 2008, Washington Times)

President-elect Barack Obama is staying out of the congressional fight over bailing out the U.S. auto industry, despite his previous statements urging help for Detroit's struggling Big Three, a leading Senate Democrat said Wednesday.

"I can tell you flat out there will be no endorsement [by Mr. Obama] prior to January 20," said Senate Banking Committee Chariman Christopher J. Dodd of Connecticut a day after his committee heard a combined appeal for billions of dollars in taxpayer help from the heads of General Motors Corp., Ford Motor Co, and Chrysler LLC.

Posted by Orrin Judd at November 21, 2008 2:07 PM
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