首页
财务会计
医药卫生
金融经济
考公考编
外语考试
学历提升
职称考试
建筑工程
IT考试
其他
登录
金融经济
The leaders of Detroit's struggling Big Three automakers are appearing befor...
The leaders of Detroit's struggling Big Three automakers are appearing befor...
admin
2020-12-24
14
问题
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
The passage intends to tell us that ( ).
选项
A.the gloomy prospects of passing Reid' s bill on saving the auto industry
B.the possibility of a compromise between two parties on bailing out auto industry
C.the correlation between sescuing auto industry and two parties' stance
D.the great difference between Democrats and Republics on rescuing in the Big Three
答案
B
解析
此类题需要通读文章大意,了解文章要表达的意思。
转载请注明原文地址:https://ti.zuoweng.com/ti/pnR8KKKQ
相关试题推荐
根据以下内容,回答240-244题。 TheleadersofDetroit'sstrugglingBigThreeautomakers...
TheleadersofDetroit'sstrugglingBigThreeautomakersareappearingbefor...
TheleadersofDetroit'sstrugglingBigThreeautomakersareappearingbefor...
TheleadersofDetroit'sstrugglingBigThreeautomakersareappearingbefor...
TheleadersofDetroit'sstrugglingBigThreeautomakersareappearingbefor...
TheleadersofDetroit'sstrugglingBigThreeautomakersareappearingbefor...
WhenwepraisetheChineseleadershipandthepeople,wearenotmerelybeing...
随机试题
青海\"库库淖尔\"是( )的民间传说。 A、藏族 B、回族 C、蒙古族
对整个社会及其各个环节进行调节和控制体现的是保险的哪项功能?( ) A、社会
男性,3岁。学站及走路使用足尖及足外侧着地,步态不稳。顺产,生后体健。半年前有高
宫内节育器的特点不正确的是 A、安全 B、有效 C、简便 D、经济
有关FGR死亡率哪项是正确的
根据抽象水平,迁移分为垂直迁移和()。 A.水平迁移 B.并行迁移 C.上
教育是一种社会历史现象,产生予生产劳动,其根本目的在于促使学生个体的全面发展,提倡教劳结合,教育科学的方法以唯物辩证法和历史唯物主义为基础,这一观点是( ...
患儿男,8岁,1年来时有阵发性腹痛,在脐周部位,多在空腹时发作,食后稍减,食欲不振。面色萎黄,有白斑,形体消瘦,唇内有颗粒样大小白点,舌体有红色刺点,舌荅...
确定中药的用药剂量的依据是A.药物的性质B.方药配伍C.患者的具体情况D.用药目的E.以上皆是
强夯法的单位夯击能量,应根据荷载大小和()等综合考虑,可通过现场试夯确定,一般情况下对砂性土取1000~5000kN·m/m2,黏性土可取1500~60...