FROM John Stoll
Car Sales Drive off the Proverbial Cliff President Obama’s automobile task force is in Michigan this week to assess the so-called “viability plans” of Chrysler and General Motors. The task force already has determined not to recall the $17 billion in government loans approved by the Bush Administration, and have emphasized that bankruptcy is not their preferred option. But their final decisions won’t be made until end of this month. Meanwhile, auto sales are in free fall, especially among the gasoline-saving hybrids beloved by politicians who want the industry to turn “green.” How important is the price of gas? How difficult is getting a loan? Are car sales tied to housing? We talk with the world’s biggest Ford dealer and others about the present and future of the automobile. What would “an intelligent transportation system” look like?
Obama Awaits Auto Restructuring Plans, Cools on 'Car Czar' Tomorrow's the day for Chrysler and General Motors to file restructuring plans in exchange for federal bailout money they got last fall. In the meantime, President Obama has dropped the idea of appointing a “ car czar ,” and the Wall Street Journal says one option General Motors will present is bankruptcy. John Stoll wrote the story .
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.