Auto Supplier Aid Request Rejected By Obama Administration
Author: The Huffington Post News Editors
WASHINGTON — The Obama administration has turned down a request by auto suppliers for up to $10 billion in additional federal aid to help the parts companies deal with the bankruptcies of General Motors and Chrysler. The Treasury Department said in a statement Tuesday that an existing $5 billion support program for auto parts suppliers was playing an important role in stabilizing the nation’s auto supply base. “No changes have been made to funding, but will continue to monitor the situation,” the department said
Read the original post:
Auto Supplier Aid Request Rejected By Obama Administration
Tags: auto, business, Chrysler, country, debbie-stabenow, giannoulias, jobs, metaldyne-corp-, parts, same, site, state-treasurer
-
-
-
-
-
Go Freelance
Write for Discussion Boards: $1200 per week...
Administer a Web Business from Home: $4000 per month...
Transcribe Authors' Notes: $80 per hour...
Find thousands of freelance jobs like these: Click here
-
-
Kindle – go global, go Kindle!
-
Kindle — go Kindle, go global
-
-
-
-
This work by heave-ho is licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.
