Reply #70: Dems delay auto loans vote until Dec. [View All]

[Dr.Phool]

BREAKING NEWS
updated 3 minutes ago

WASHINGTON - Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big Three develop a plan assuring the money would make them economically viable.

“Until they show us the plan, we cannot show them the money,” Speaker Nancy Pelosi, D-Calif., said at a hastily called news conference in the Capitol.

She and Senate Majority Leader Harry Reid, D-Nev., said Congress would return to work in early December to vote on legislation if the General Motors Corp., Ford Motor Co. and Chrysler LLC produce an acceptable plan.

http://www.msnbc.msn.com/id/27824057/

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I can't legally say what whould be done with every repuke in the Senate.

on edit: markets react unfavorably.