The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
October 28, 2008

Bush Administration Considers Emergency Funds for GM and Chrysler
-----------------------------------------------------------------



The Bush administration is examining a range of options for providing
emergency financial help to spur a merger between General Motors and
Chrysler. Reuters reports that the Treasury is considering at least a $5
billion package that could come in the form of direct capital injections
and government purchase of loans. Congress has already given the
automakers $25 billion in low-interest loans.



.