POLITICO-Obama: Auto industry on right road

Newswire

By Kendra Marr WASHINGTON, July 30 (POLITICO) - DETROIT, Mich. - President Barack Obama on Friday wrestled to reclaim the meaning of one of the most charged words in Washington's political lexicon: bailout. After touring a Chrysler assembly plant here, Obama fought back against attacks that his government overreached when it provided billions of dollars to bring Chrysler and General Motors back from the "brink of liquidation." "There are a lot of folks in Washington who said it ...

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