Obama urges Bush to help automakers

11/11/2008 | Washington Post (tiered subscription model), The

U.S. President-elect Barack Obama raised the stakes for an upcoming lame-duck session of Congress with his request that President George W. Bush support a rescue for struggling automakers. Bush told Obama privately that he may go along with such a plan if Democrats drop their opposition to a trade deal with Colombia that Bush supports. Democrats are drafting legislation to give the Detroit Three quick access to $25 billion by adding them to the Treasury's $700 billion economic rescue.

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Washington Post (tiered subscription model), The

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