Day Two: Big Three Now Asking Congress For $34 Billion

By Katharine Zaleski, Huffington Post
Posted on December 5, 2008, Printed on May 27, 2012
http://www.alternet.org/story/110267/day_two%3A_big_three_now_asking_congress_for_%2434_billion

The Big Three are back on Capitol Hill today. This time their talking to Congress about getting a multi-billion dollar bailout package.

More info from AP:

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:

Katharine Zaleski has been the News Editor of the Huffington Post since May 2005.

© 2012 Huffington Post All rights reserved.
View this story online at: http://www.alternet.org/story/110267/