The U.S. Senate Democrats, who proposed a new aid of 25 billion dollars for vehicle manufacturers in difficulty, were in a stalemate Wednesday evening to face Republicans who intend to use funds already voted.
The discussions on new legislation proposed by Democrats began Wednesday evening.
They are immediately faced with the "objections" of the Republicans. The leader of the minority Republican Mitch McConnell suggested in a statement to "redirect funds already allocated by Congress on a program of 25 billion dollars for carmakers to produce vehicles of high technology, coupled with new protections for taxpayers. "
Harry Reid, the leader of the Democratic majority, reiterated his call for the Bush administration to unblock the situation. "As we have said before, the Treasury has the authority and money to protect thousands of Americans who work in our automotive industry in danger. If the Bush administration has any interest in saving Detroit (where located the car, ie), it has the power to do so, "he wrote in a Wednesday evening.
Democratic Senator Barbara Mikulski of Maryland, who has defended a tax rebate for purchases of new vehicles, was swept to his colleagues. "I do object to the objection" of Republicans, she said, predicting that a bankruptcy would cost manufacturers $ 126 billion in three years and three million people could lose their jobs.
General Motors, Ford and Chrysler can not escape the closure of dozens of plants to adapt their production, oversized compared to a market that is expected to fall this year to 13 million registration. It will have to surrender their flat and their social relations completely reorient their range to more environmentally friendly models.
Number of elected Republican Congress believe that the "big three" were too passive while approaching bankruptcy. They believe that additional aid would be money lost.
A first aid loans for 25 billion dollars had been passed in September by Congress, but the funds have not yet been distributed.
Moreover, Democrats still hope to pass an extension of unemployment benefits for seven weeks in all states and 13 weeks in those with unemployment rates higher.
The United States has destroyed 240,000 jobs in October, and unemployment has reached 6.5%, its highest since March 1994.
The discussions on new legislation proposed by Democrats began Wednesday evening.
They are immediately faced with the "objections" of the Republicans. The leader of the minority Republican Mitch McConnell suggested in a statement to "redirect funds already allocated by Congress on a program of 25 billion dollars for carmakers to produce vehicles of high technology, coupled with new protections for taxpayers. "
Harry Reid, the leader of the Democratic majority, reiterated his call for the Bush administration to unblock the situation. "As we have said before, the Treasury has the authority and money to protect thousands of Americans who work in our automotive industry in danger. If the Bush administration has any interest in saving Detroit (where located the car, ie), it has the power to do so, "he wrote in a Wednesday evening.
Democratic Senator Barbara Mikulski of Maryland, who has defended a tax rebate for purchases of new vehicles, was swept to his colleagues. "I do object to the objection" of Republicans, she said, predicting that a bankruptcy would cost manufacturers $ 126 billion in three years and three million people could lose their jobs.
General Motors, Ford and Chrysler can not escape the closure of dozens of plants to adapt their production, oversized compared to a market that is expected to fall this year to 13 million registration. It will have to surrender their flat and their social relations completely reorient their range to more environmentally friendly models.
Number of elected Republican Congress believe that the "big three" were too passive while approaching bankruptcy. They believe that additional aid would be money lost.
A first aid loans for 25 billion dollars had been passed in September by Congress, but the funds have not yet been distributed.
Moreover, Democrats still hope to pass an extension of unemployment benefits for seven weeks in all states and 13 weeks in those with unemployment rates higher.
The United States has destroyed 240,000 jobs in October, and unemployment has reached 6.5%, its highest since March 1994.
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