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Federal Financial Assistance and Restructuring
Analyzes current situation in domestic automotive industry, including efforts to address problems of long-term competitiveness and impact of industry on the broader U.S. economy. Addresses credit questions; legal and financial aspects of Government-offered loans or loan guarantees; and legacy issues, specifically pension and health care responsibilities of General Motors, Ford, and Chrysler. Reviews potential solutions, including options of Government receivership and participation management, and various forms of bankruptcy. Considers stipulations Congress might impose on auto manufacturers as conditions of providing assistance.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
Library of Congress. Congressional Research Service.