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Budget Hawk: Why Is Congress Telling Detroit to Get its Fiscal House in Order?
On Nov. 21, House Speaker Nancy Pelosi (D-Cal.) and Senate Majority Leader Harry Reid (D-Nev.) sent letters to Detroit’s Big Three automakers indicating that Congress would consider a Detroit bailout “provided that you submit a credible restructuring plan that results in a viable industry … while protecting taxpayer investments.”
Writing in The Washington Post yesterday, Robert [...]
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