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| Version 3 | Version 4 |
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| No agreement for US car bail-out | No agreement for US car bail-out |
| (20 minutes later) | |
| US politicians have told the crisis-hit "Big Three" carmakers to come up with their own viable recovery plan if they want a $25bn (£17bn) government rescue. | US politicians have told the crisis-hit "Big Three" carmakers to come up with their own viable recovery plan if they want a $25bn (£17bn) government rescue. |
| The leaders of both houses of Congress said Ford, General Motors and Chrysler had until 2 December to present a plan. | The leaders of both houses of Congress said Ford, General Motors and Chrysler had until 2 December to present a plan. |
| Their comments came after four senators announced a bipartisan aid deal. | Their comments came after four senators announced a bipartisan aid deal. |
| House Speaker Nancy Pelosi said without a plan there would be no bail-out. The Senate majority leader said: "We want them to get their act together." | |
| "The executives of the auto industry have not been able to convince the American people or the Congress that this bail-out would be their last," said Harry Reid. | "The executives of the auto industry have not been able to convince the American people or the Congress that this bail-out would be their last," said Harry Reid. |
| Democratic leaders in Congress have now put off a vote on the $25bn bail-out of the car industry until next month. | Democratic leaders in Congress have now put off a vote on the $25bn bail-out of the car industry until next month. |
| They want the top companies to present a plan showing that the money would make them financially viable. | They want the top companies to present a plan showing that the money would make them financially viable. |
| At a news conference in the Capitol, Ms Pelosi said: "Until they show us the plan, we cannot show them the money." | At a news conference in the Capitol, Ms Pelosi said: "Until they show us the plan, we cannot show them the money." |
| She said there was no plan in circulation that could pass both houses of Congress and win President George W Bush's approval. | She said there was no plan in circulation that could pass both houses of Congress and win President George W Bush's approval. |
| Jobs risk | Jobs risk |
| Earlier on Thursday, Democratic Senators Carl Levin and Debbie Stabenow, from Michigan, the heart of the US car industry, and Republicans Kit Bond of Missouri and George Voinovich of Ohio said they had a bipartisan deal, but this did not garner wider support. | Earlier on Thursday, Democratic Senators Carl Levin and Debbie Stabenow, from Michigan, the heart of the US car industry, and Republicans Kit Bond of Missouri and George Voinovich of Ohio said they had a bipartisan deal, but this did not garner wider support. |
| "Obviously, we are disappointed we are not going to act today," said Senator Levin. | "Obviously, we are disappointed we are not going to act today," said Senator Levin. |
| The chief executives of General Motors, Ford and Chrysler pleaded for the $25bn bail-out before two congressional committees this week, but came away empty-handed. | The chief executives of General Motors, Ford and Chrysler pleaded for the $25bn bail-out before two congressional committees this week, but came away empty-handed. |
| The car firms say they risk collapse, which could lead to millions of Americans losing their jobs. | The car firms say they risk collapse, which could lead to millions of Americans losing their jobs. |
| Democrats have demanded that the White House and the Treasury carve out $25bn in funding from the already-agreed $700bn finance industry bail-out to support the car firms. | Democrats have demanded that the White House and the Treasury carve out $25bn in funding from the already-agreed $700bn finance industry bail-out to support the car firms. |
| However, the White House and many Republicans favour using a $25bn loan programme designed to help the companies develop more fuel-efficient vehicles. | However, the White House and many Republicans favour using a $25bn loan programme designed to help the companies develop more fuel-efficient vehicles. |
| Meanwhile, the United Auto Workers president, Ron Gettelfinger, said on Thursday that politicians needed to take immediate action on a $25bn bridge loan bill to support the US car industry, otherwise he said one or more firms could fail. | Meanwhile, the United Auto Workers president, Ron Gettelfinger, said on Thursday that politicians needed to take immediate action on a $25bn bridge loan bill to support the US car industry, otherwise he said one or more firms could fail. |
| Mr Gettelfinger, who testified on Tuesday and Wednesday to congressional committees in support of the loans, said action was needed "now, today". | Mr Gettelfinger, who testified on Tuesday and Wednesday to congressional committees in support of the loans, said action was needed "now, today". |