Surprise! The House of Representatives has signed “Auto Industry Financing and Restructuring Act,” also known in some circles as “The Motor City Shakedown.”
The bill passed in the House of Representatives by roll call vote. The totals were 236 in favor; 170 against; 27 voted present or did not vote. Reportedly the bil is running into resistance in the Senate.
The final version of the bill was not yet available, but here is draft I found last night:
Read the bill
