White House Says Bailout Deal Is Not Imminent
The White House said a decision on whether to provide an emergency loan to Detroit automakers is not imminent and suggested it's not definite either.
"We're not going to be rushed into it just because there's pressure from the media ... on us to do something rash," White House press secretary Dana Perino said.
Although the White House had recently given strong indications that an automotive bailout was likely, Perino repeatedly used the word "if" today.
"If we're going to use taxpayer... Full Story
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