Democrats Lower Expectations for Auto Bailout

Sen. Dodd calls chance of reaching agreement “remote” and all but rules out agreement before Friday. Majority Leader Reid says he still hopes to strike a deal this week, looks to Treasury Department as a backup plan.

White House’s Perino says there’s “no appetite” for Treasury to act. See her comments here.

Earlier: Big Three CEOs testify before House Financial Services Committee and are hit with tough questions about spending.

Related Topics: News, The Page

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME


Get every new post delivered to your Inbox.

Join 297 other followers