Aides: Obama suggested more help for auto industry
politics, nanny state, government, bureaucracy, crisis, legislation, left wing, ideology, liberalism, philosophy
One big bailout is never enough
November 11, 2008, by JENNIFER LOVEN
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid asked the administration over the weekend to consider expanding the $700 billion bailout for financial firms to include car companies. At a news conference last Friday, Obama said he hoped the Bush administration would "do everything it can to accelerate the retooling assistance that Congress has already enacted." He also said that helping the auto industry was a high priority for his transition team.