Bush Signs Loan Package For Troubled Automakers

from National Public Radio

President Bush signed into law Tuesday a mammoth spending bill to keep the government running until early March 2009. The measure includes a $25 billion loan package for troubled automakers. Marina Whitman, professor of business administration and public policy at the University of Michigan, tells Steve Inskeep the loan package should help the automakers hang on through the economic recovery.

Broadcast Dates

• Morning Edition, October 1, 2008