(10 Dec 2008) HEADLINE: House passes measure to bail out auto industry
CAPTION: A $14 billion rescue package for the nation's imperiled auto industry sped to approval in the House Wednesday night, but the emergency bailout was still in jeopardy from Republicans who were setting out roadblocks in the Senate. (Dec. 10)
[Notes:ANCHOR VOICE]
NB. THIS IS A VOICEOVER TRANSCRIPT, NOT A FULL SHOT LIST.
Video: picture of vote board at 8:50
Track: .......
SOT:
8:50 p.m. Congressman Jose Serrano, announcing the vote
The yeas are 237, the nays are 170
Video: car lots, assembly lines--anything cars
Track: The House easily approved the 14 billion dollar bailout for the ailing auto industry.
Video: more cars--specific brands if we have
Track: It will help GM and Chrysler, and Ford if it needs money, to get through the next couple of months.
SOT:
Congressman John Dingell, D-Mich.
6:39 p.m.
''This is a bridge loan. Without this bridge we're gonna fall into the deepest calamity this country has seen since the great depression.''
Video: pix of republicans --Ron Paul at 6:36 p.m.; ted Poe at 3:03 p.m.\ Dreier at 4:28, price at 6:46
Track: But many Republicans argued the measure won't get the industry back on track:
SOT: Congressman Spencer Bachus, R-Ala...
6:30 p.m.
''This plan is a plan to spend taxpayer money without any real promise or ability to return the industry to profitability.'' (10)
Video: Graphics: maybe the different company logos etc
Track: The bill creates a so-called car czar--who would hand out the money.
That person could also take the money back--forcing the automakers into bankruptcy--if they don't restructure their operations fast enough.
Supporters of the bailout acknowledge they face a very rocky road trying to get it through the senate--where a majority of Republicans oppose the measure--
The White House says the president is personally pushing for it and chief of staff Josh Bolten came up here to try to win over skeptical Republicans
SOT: Senator Richard Shelby, R-Ala., ranking Republican, Senate Banking Committee, at news conference in senate studio
12:11 p.m.
''Unless Chrysler Ford and GM become lean and innovative and competitive in the marketplace this is only delaying their funeral.''
Senator David Vitter, R-La., on senate floor
SOT: don't have an exact time--roughly 10:55-10:57
''Isn't that putting the cart before the horse--isn't that to use a common phrase, just ass-backwards?
15 billion dollars and then later, after that's out the door we'll see a detailed restructuring plan.''
Video: Sen. Debbie Stabenow 'b' roll 11:40-12noon senate floor
Track: While auto industry supporters warn its failure would have devastating effects
Video: video of GOP lawmakers at noon newser
Track: Many republicans say that bankruptcy isn't a death knell--and that its the best way to force changes to make the industry competitive.
jb the ap capitol hill
Gerald Bodlander

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