Washington, DC—Senate Majority Leader Harry Reid made the following statement today after Republicans refused to protect hundreds of thousands of American jobs and the financial security of millions of families by providing immediate assistance and oversight to the U.S. auto industry: “Given the unhappy choice between a bridge loan and bankruptcy, Democrats have always believed…
Washington, DC—El Líder de la Mayoría del Senado Harry Reid hoy hizo los siguientes comentarios en respuesta a la posibilidad de que la Casa Blanca utilice dineros del Programa de Auxilio para Activos Financieros en Riesgo (TARP, por sus siglas en inglés) para ayudar a la tambaleante industria automotriz a corto plazo: “Hace rato venimos…
Last night, Democrats did everything possible to reach a compromise with Republicans to aid the auto industry. But Republicans stuck to unrealistic and unreasonable demands. Their intransigence has put millions of jobs and billions of dollars in personal income at risk, while sticking taxpayers with a far bigger bill than the loans sought by the…
Washington, DC—Senate Majority Leader Harry Reid made the following statement today in response to reports that the White House might be open to using TARP money to help the reeling auto industry in the short term: “We have said all along that the Treasury already has the authority and resources to protect millions of Americans…