Lawmakers Push For Auto Bailout

ONNtv.com

CLEVELAND — Ohio Senator Sherrod Brown is one of the federal lawmakers calling for $25 billion from the economic rescue bill to fund loans for the big three U.S. automakers - GM, Ford, Chyrsler.

"The public needs to be as certain as we can make it that this is NOT a giveaway. This is NOT a bailout," said Brown.

He calls it a low-interest loan.

"They're losing money on their operations and they're not building cars that people want," Brown told the media on Monday.

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Lawmakers Push For Auto Bailout »