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Author: bibi

Bush approves $25 billion loan package for auto makers

Tuesday, September 30th, 2008 @ 9:36 pm

A new vehicle is seen on the assembly line at General Motors Corp's newly inaugurated plant in Talegaon, about 160 km (99 miles) northeast of Mumbai, September 2, 2008. (Punit Paranjpe/Reuters)Reuters - President George W. Bush on Tuesday signed into law a mammoth spending bill to keep the government running until early March 2009 that includes a $25 billion loan package for troubled automakers.

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