Posted by
Colleen R. James on Thursday, November 20, 2008 10:32:03 PM
U.S. congressmen told the three major car companies, caught in a
difficult situation because of the recession, to offer its own plan for
ending the crisis, if they want to receive from the government aid
package worth 25 billion dollars.
Leaders of both houses of
the U.S. Congress said that the heads of companies Chrysler, Ford and
General Motors must submit such a plan until Dec. 2.
Earlier,
four senators announced their agreement to assist the road companies.
However, Speaker of the House of Representatives Nancy Pelosi announced
that it had no plans the Government is not going to help them.
"The leaders of the automotive industry failed to convince the American
people and Congress that besides the 25 billion U.S. aid to them will
no longer need," - said the leader of the majority in the Senate Gerri
Reid.
Democratic leaders in Congress have postponed until
December to vote on the provision of assistance to the automotive
industry. They require that the car company to substantiate how the
government funds allocated to help them stabilize their finances.
"As long as they do not show us a plan, the money they do not like" - Nancy Pelosi said at a press conference.
Under the threat of jobs
On Thursday, Senate Democrats from the heart of American automobile -
Michigan, Carl Levin and Debbie Steybnau, as well as Republicans Kit
Bond and George Voinovich announced that they reached an agreement to
assist avtomozavodam. But they have not been able to enlist broad
support.
"Of course we are very disappointed that the decision was postponed," - said Senator Levin.
Leaders of companies Ford, General Motors and Chrysler this week called
on the two committees of Congress with a request for his 25 billion
dollars.
Representatives of the automotive industry say that it threatens to collapse and millions of Americans could lose their jobs.
Some Democratic Party demanded that the White House and the Ministry of
Finance allocated to support the automotive companies 25 billion
dollars from an already agreed package to save the economy of $ 700
billion.
The Bush administration and many Republicans favor
of granting them loans of 25 billion dollars intended to help those
companies to develop more economical cars.
Meanwhile, the
union president Ron Gettelfinger industry said on Thursday that
politicians should take immediate measures to rescue the automobile
companies. On Tuesday and Wednesday, he spoke at hearings in various
committees of Congress in favor of an immediate allocation of loans.