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Congressional Democrats and the Bush administration have reached an agreement in principle for a...

Congressional Democrats and the Bush administration have reached an agreement in principle for a $15B bailout of General Motors (GM) and Chrysler. The plan would provide the funds in the form of loans, with restructuring required, and the establishment of a 'car czar' who could force the companies into Chapter 11 if the restructuring plan isn't in place by March 31, 2009.
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