Home > Corporate Info > 2008 GM Congressional Restructuring Plan > Detroit Free Press: Bush Hints Deal for Auto Industry Not Far Away
Previous
Detroit Free Press: Bush Hints Deal for Auto Industry Not Far Away (Visit this link)
As the White House and Detroit’s automakers continued working together on a new rescue plan over the weekend, following the collapse last week of the $14-billion lifeline for General Motors Corp. and Chrysler LLC, President George W. Bush on Sunday hinted that a new deal was not far from being reached. The White House said an announcement is still not expected Monday, but Bush reassured reporters aboard Air Force One during a previously unannounced trip to Iraq and Afghanistan: "This will not be a long process."
Visit this Link for the Full Story.