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White House on GM Bankruptcy

Posted in Main Blog (All Posts) on June 2nd, 2009 4:32 am by HL

White House on GM Bankruptcy
On March 30, 2009, President Obama laid out a framework for General Motors to achieve viability that required the Company to rework its business plan, accelerate its operational restructuring and make far greater reductions in its outstanding liabilities. After two months of significant managemen…


Tiller’s Killing Puts Abortion Issue Back in Spotlight
WICHITA, June 1 — As the U.S. Marshals Service moved to protect abortion clinics and doctors nationwide, the fatal shooting of the country’s most prominent provider of late-term abortions reignited a national debate about reproductive rights.

Obama Addresses the State of the Auto Industry.
PRESIDENT OBAMA: Good morning, everybody. Just over two months ago, I spoke with you in this same spot about the challenges facing our auto industry, and I laid out what needed to be done to save two of America’s most storied auto makers — General Motors and Chrysler. These companies were faci…

Council of Economic Advisers Lists Benefits of Cutting Health-Care Spending
Slowing the growth in health-care spending from 6 percent a year to 4.5 percent would have enormous benefits for the nation’s economy, creating as many as 500,000 jobs a year and increasing annual income for the average family of four by $2,600 over the next decade, the president’s chief economic…

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