Automotive industry asks for 30% reduction in gas prices, legal requirement that every American purchase a car
After being sent home over Thanksgiving to revise their pitches for a multi-billion-dollar, taxpayer-funded “bridge loan” to keep them a float through the end of the year, Michigan’s “Big Three” automakers returned to Capitol Hill this week to renew their respective cases. The retooled bailout plan included requests from automotive manufacturers that Congress pass legislation requiring every individual to purchase a vehicle (whether or not | Read More »

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