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Detroit Automakers Receive Government Bailout, Who's Next?

Detroit Automakers Receive Government Bailout, Who's Next?

It finally went through: The American auto industry is now on the government dole. The White House confirmed this morning that the federal government will bailout the Detroit automakers to the tune of $13.4 billion.
 

On top of that, an additional $4 billion will be available to them in February.
 

The plan is to stabilize the automakers by Marc...

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