UPDATE 1-US lawmakers confident $25 bln auto loans will pass

Newswire

(Recasts, adds details from news conference) WASHINGTON, Sept 24 (Reuters) - Key members of the U.S. Congress are confident a provision needed to trigger $25 billion in loans to automakers will become law within days and will begin work on a second, similar financing package that could be presented next year. The House of Representatives is expected to vote later in the day on a must-pass spending bill that includes $7.5 billion in taxpayer funds needed to issue the loans. Richard ...

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