Big 3 automakers plead for help
Nov 19, 2008
GM, Ford and Chrysler were on the hot seat on Capitol Hill as they pleaded with lawmakers to pass a $25 billion rescue package.
Democrats in the Senate support a loan package arguing that up to three million U.S. jobs would be lost from an auto industry collapse. Most Republicans are opposed to an auto industry bailout arguing that the rescue package is not a wise use of taxpayer money.
Duration: 2 min 14 sec