WASHINGTON – Democratic aides say Speaker Nancy Pelosi intends to seek legislation to provide relief to the battered auto industry, and wants it done in a post-election session of Congress likely to convene in the next few days.
Pelosi is not expected to specify how large a bailout she wants. The aides who described her views Tuesday did so on condition of anonymity, saying they were not authorized to discuss it publicly.
The speaker's decision comes a few days after General Motors warned it is rapidly running out of cash, and Ford announced its situation was only slightly better.
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