The Story So Far
Two weeks ago, the Chiefs of the big three auto makers went to D.C. and asked the Congressional Committee on Grandstanding and Giving Out Money for $25 billion. While the car companies employ lots of voters and retiree voters, they went to Washington with no plan. They got no money.
They went back yesterday with plans for cuts, and asked for $28 - 38 billion.
If the government doesn't hurry up and give them some dough, the price tag could get up to $100 billion by Obama's inauguration.