Congress finds a drive through for auto firms

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Although the Republican contingent in the Senate figures to shrink, it is still sized at its 110th Congress level, and Democrats have been unable to slip a significant chunk of change out of the $700B general financial bailout fund to aid automobile companies. However, Minority Leader Mitch McConnell (R-KY) found a compromise. Under its terms, $25B already approved for the development of fuel-efficient vehicles will be diverted to get past the current crisis. Certain elements favored by Democrats will be worked into the bill, which will likely be considered in December.


RBR/TVBR observation: Suggested amendment: Each automaker will allocate a significant portion of its emergency funding to broadcast advertisements for the purpose of enhancing product sales and cash flow.