Congress Sends White House $15 billion Auto Aid Proposal

By: AP
By: AP

WASHINGTON (AP) _ Congressional Democrats and the White House
are trying to resolve remaining differences over a $15 billion
rescue for Detroit automakers.

The Bush administration says the measure doesn't do enough to ensure that only viable companies would get longer-term federal
help.

President George W. Bush, in an interview with ABC's ``Nightline,'' says it's ``hard to tell'' if an agreement is imminent.

The package, which calls for a ``car czar'' to oversee industry restructuring, is expected to come to a vote as early as Wednesday.

House Speaker Nancy Pelosi says the restructuring would require tough concessions from management, labor, creditors and others.

Michigan Democratic Sen. Carl Levin, who's a key ally of the auto industry, says getting enough Republicans to back the bill could be an uphill climb.


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