When President Bush announced a government loan to General Motors and Chrysler last week, he called for the end of the jobs bank program, which provides benefits and partial wages for laid-off employees.
Tag: Big Three
Auto Loan Could Mean End Of Jobs Bank
General Motors and Chrysler stand to receive $17.4 billion in federal loans if they can restructure their businesses toward profitability.
Bayh Talks Economics In Jeffersonville
U.S. Senator Evan Bayh was in southern Indiana Thursday to talk about the economy.
UAW Members Rally For Big Three Loan
With the heads of the Big Three automakers in Washington asking for financial assistance, local United Auto Workers union members are encouraging Congress to approve loans for the companies.