Today the House of Representatives is debating, and potentially voting, on the bailout package it unexpectedly rejected on Monday despite support for it among House leaders and the Bush administration. 12:38 p.m. | Legacy vote:...
Alicia Mundy reports on drug regulation. Qorvis Communications, an influential PR group in Washington, was hired this year by the FDA as a subcontractor to help heal the agency’s ailing image with a $300,000 “FDA 2008 Public...
The cost of workplace health insurance plans for Michigan families rose much faster than wages, for the worst rate in the nation, a report released Thursday found. And workers paid proportionately more than employers, often for...
In the next few years, consumers and collision repairers could see the fruits of $25 billion in government loans for the auto industry through a broader lineup of gas-electric hybrid vehicles, new plug-in electric cars and an...
Oct. 2--What's another $25 billion among friends? Such appears to be the attitude in Washington after passage of a massive spending bill that includes $25 billion in low-interest government loans for General Motors Corp., Ford...
Three Democrats, six Republicans oppose $700B package to rescue Wall St.; 6 vote in favor. Nine members of Michigan's congressional delegation, including two locked in tight re-election races, voted against a $700 billion...
By Justin Hyde • Free Press Washington Staff • September 29, 2008 WASHINGTON -- The U.S. House rejected a $700-billion bailout of financial markets today, casting the future of the broadest government aid for the U.S....
Worries spread that if credit markets stay tight, fewer buyers will get car loans and sales will dive. The bill, which included language broad enough to allow the Treasury Department to buy distressed auto loans, could...
Dana Johnson, Comerica's chief economist, says Michigan could be particularly at risk if Congress' failure to enact a $700-billion bailout for financial institutions triggers a deep national recession -- as predicted a...
U.S. Rep. John Dingell makes the case that the financial crisis necessitates further government infringement in the market ("Fix financial industry with sound policies of past," Sept. 26). Governmental bureaucrats will...