Automobile Companies Seek Assistance
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The heads of the "Big 3" automobile companies have come before Congress seeking financial assistance to keep their companies solvent during this economic slow-down.
After their first appearance last month, Congressional leadership requested specific business plans that would demonstrate how federal assistance would allow them to stay in business and return to a financial postion where they could meet their obligations. Those business plans have been submitted and I would like to share them with you.
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