House passes auto industry bailout

Date: Wed, 10 Dec 2008 19:55:46 -0600

WASHINGTON - The U.S. House approved a bill Wednesday to lend up to
$14 billion to the three struggling U.S. automakers, General Motors,
Ford Motor and Chrysler. Introduced by Democrats, the bill is nearly
identical to one pending in the Senate, where Republican opposition
was making its chances for passage look uncertain.