Bush Approves Car Bailout
2,202 views · Published 23 December 2008 · 2:08 · Indexed 27 September 2026
Channel: Voice of America · 2008 · News & Politics
President Bush has announced plans to provide emergency help for the troubled U.S. auto industry. The announcement came one week after a $14 billion rescue plan failed in the U.S. Senate. The bailout makes major demands on the automakers. After the announcement, Wall Street rallied, but closed slightly down. VOA's Robert Raffaele has more on the bailout.
