Support AlterNet
Do you value the information you're getting from AlterNet? Please show your support with a tax-deductible donation.
Feedback
Tell us how we're doing.
Day Two: Big Three Now Asking Congress For $34 Billion
Got a tip for a post?:
Email us | Anonymous form
The Big Three are back on Capitol Hill today. This time their talking to Congress about getting a multi-billion dollar bailout package.
The chairman of the House Financial Services Committee says the new bleak unemployment figures makes helping the nation's beleaguered auto industry even more urgent.
Rep. Barney Frank, a Massachusetts Democrat, warned that doing nothing would be a disaster in the middle of what he called the worst economic crisis in 70 years.
Watch live video from today's hearing:
| Also by Katharine Zaleski | |||
| White House: We Can't Save Newspapers Gibbs on newspaper bailout: "I don't know what, in all honesty, government can do about it." May 4, 2009. |
Joe the Plumber to Advise Young Republicans at Conservative Conference Last year President Bush and Cheney were the stars of the event. February 26, 2009. |
Bailed Out Banks Still Blowing Millions on Sports Sponsorships Tax paying sports fans beware... it appears that you may be helping sponsor major teams whether you like them or not! February 2, 2009. |
Obama Fights Corporate Greed: Forces Citigroup to Ditch Private Jet Purchase President Obama is not taking kindly to corporations wasting taxpayers' money. January 27, 2009. |