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Thursday, May 26, 2022

Lawmakers Still Not Sold on Auto Rescue

The chief executives of Detroit's automakers returned to Capitol Hill yesterday bearing austere business plans and a dose of humility, but they failed to close the deal for as much as $38 billion in federal loans.

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The chief executives of Detroit’s automakers returned to Capitol Hill yesterday bearing austere business plans and a dose of humility, but they failed to close the deal for as much as $38 billion in federal loans.

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