Detroit's Big 3 Will Try Again To Get Federal Loans Executives from the top three U.S. automakers return to Washington, D.C., this week. They're going to try, again, to convince Congress to give them federal loans. They say they need the money to avoid an industry collapse. Two weeks ago, Congress sent them away empty-handed.

Detroit's Big 3 Will Try Again To Get Federal Loans

Detroit's Big 3 Will Try Again To Get Federal Loans

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Executives from the top three U.S. automakers return to Washington, D.C., this week. They're going to try, again, to convince Congress to give them federal loans. They say they need the money to avoid an industry collapse. Two weeks ago, Congress sent them away empty-handed. Some lawmakers were angry that the carmakers didn't have a plan for how to spend the $25 billion in low-interest loans.