Monday, November 24, 2008

Democrats: Prove you can repay $25 billion

House Speaker Nancy Pelosi, D-Calif., speaks Friday during a news conference in Washington. Pelosi, striking a more positive tone after the automakers' plea for rescue was rebuffed, said she was committed to bringing Congress back the week of Dec. 8. "I am very optimistic and hopeful that they have gotten the message," she said.

Democratic leaders in Congress called on Detroit's automakers Friday to submit "credible" financial plans to lawmakers by Dec. 2 for spending up to $25 billion in government money, including vows for "significant sacrifices" by top executives.

Posted by The 'C' Team at 6:07 AM

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