GRAND RAPIDS, Mich. — Michigan’s image as the world’s automotive capital can be restored under a John McCain presidency, he said yesterday at a campaign rally with running mate Sarah Palin.
Mr. McCain, who visited a Detroit-area General Motors Corp. plant earlier in the day, pledged his support for a loan package for domestic automakers he’d previously looked at with a skeptical eye.
Friday, August 22, 2008
McCain supports loan guarantees for automakers
WASHINGTON -- Republican president candidate John McCain joined his Democratic rival Barack Obama in supporting efforts to give Detroit's Big Three automakers up to $25 billion in loan guarantees -- a move that boosts the prospects for passage considerably in September.
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