The Bush White House stressed Monday that it supports help for the struggling auto industry, but believes it should not be taken from the $700 billion financial system rescue program. As lawmakers were returning to a lame duck session to focus on the troubled industry, President Bush's chief spokeswoman issued a statement saying the administration "does not want U.S. automakers to fail." She complained that reporting on the White House's on this issue has involved "attempts to shorthand the administration's position."
Perino's early morning statement also made clear, however, that the administration steadfastly opposes drawing funds from the bailout plan to help Detroit. She said the $25 million that Democrats favor taking from the rescue plan should come, instead, from a Department of Energy program previously approved to develop fuel-efficient vehicles.
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