Obama urges help for homeowners, auto industry

Newswire

WASHINGTON (Reuters) - President-elect Barack Obama said struggling U.S. automakers need a government rescue, but help should be conditioned upon changes in the industry, according to excerpts from a TV interview to air Sunday. He also urged more assistance for troubled homeowners and added that he is offering the Bush administration occasional advice on handling the worst U.S. financial crisis in decades. "If we don't have a clear, focused program for homeowners by the time I take ...

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