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$15b deal near on automakers

Loans would hinge on naming of 'car czar'; Lawmakers await White House assent

After arriving in a caravan from Michigan, auto workers spoke to reporters about the need to help their industry. After arriving in a caravan from Michigan, auto workers spoke to reporters about the need to help their industry. (Reuters Photo / Larry Downing)
By Michael Kranish and Jenny Paul
Globe Staff and Globe Correspondent / December 9, 2008

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WASHINGTON - The White House and Democratic congressional leaders sought last night to complete a deal to provide as much as $15 billion to struggling US automakers in return for appointment of a "car czar" to oversee the loans and the industry's retooling. (Full article: 1064 words)

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