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On November 19, 2008, there was a United States Senate hearing on the automotive crisis in the presence of the heads of Chrysler, Ford and General Motors. The auto manufacturers explained that they would need financial aid of $25 billion if they were to avoid bankruptcy. The Senate was divided on the issue.
Meanwhile, State Senator Matt Dolan, who disavowed Trump's claims of voter fraud in the 2020 United States presidential election, saw a late surge after buying ad time. [17] Vance won with 32% of the vote with Former state treasurer Josh Mandel in second and Dolan in a close third.
The U.S. auto industry was profitable in every year since 1955, except those years following U.S. recessions and involvement in wars. U.S. auto industry profits suffered from 1971 to 1973 during the Vietnam War, during the recession in the late 1970s which impacted auto industry profits from 1981 to 1983, during and after the Gulf War when ...
Former President Donald Trump warned Saturday that if he were to lose the 2024 election, it would be a “bloodbath” for the US auto industry and the country. ... of an extended riff on the auto ...
The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205–228. [7] Supporters of the plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression.
The predictable result: a 39-56 vote that probably overstates the popularity of Paul's proposal—how many would vote for it if they believed it actually had a chance of passing, one must wonder.
Despite having 62 cosponsors in the Senate, the bill still needs to be brought up for a vote by the chamber's leadership, and soon. The bill "dies December 31, at the end of the second session of ...
[39] [40] The House passed the Ryan plan on April 15, 2011, by a vote of 235–193. Four Republicans joined all House Democrats in voting against it. [41] [42] On an April 27, 2011, conference call with reporters Senate Majority Leader Harry Reid said that passage of the Ryan plan "would be one of the worst things to happen to this country".