White House opposes Senate Democrats' auto bailout bid
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081118/2008_11_17t182916_450x306_us_autos_whitehouse.jpg?x=130&y=88&q=85&sig=ZI2YT6VJfpBxegVs8RJeQg--" align="left" height="88" width="130" alt="U.S. Senate Majority Leader Harry Reid (D-NV)(2nd R) makes a statement beside newly elected Senators Jeff Merkley (D-OR)(L), Jeanne Shaheen (D-NH)(R) and Kay Hagan (D-NC), on Capitol Hill in Washington, November 17, 2008. . (Jim Young/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081117/bs_nm/us_autos_whitehouse)Reuters - The White House on Monday opposed Senate Democrats' proposal for a $25 billion bailout for the U.S. auto industry and urged instead that aid be provided through government loans already appropriated for the industry by Congress.</p><br clear="all"/>
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