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Dems delay auto bailout vote, seek plan from Big 3 (AP) -

House Speaker Nancy Pelosi of Calif, second from left, gestures during a news conference on Capitol Hill in Washington, Thursday, Nov. 20, 2008, to discuss the auto industry bailout. From left are, House Majority Whip James Clyburn of S.C., Pelosi, Sen. Charles Schumer, D-N.Y., Sen. Christopher Dodd, D-Conn., and Senate Majority Leader Harry Reid of Nev. . (AP Photo/Gerald Herbert)AP - The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry.


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Thursday, Nov 20, 2008
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