Harry Reid Strikes Out

Tigger Woods

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WASHINGTON – The top Senate Democrat sought Wednesday to lower expectations for legislation this week to help endangered carmakers, saying it would be the Bush administration's job to save the industry if Congress doesn't.

"No one should be overly concerned," if Congress can't agree on a bill to speed $25 billion in new loans to the industry, Sen. Harry Reid said. But the Nevada Democrat also said he still hopes that lawmakers can strike an elusive deal on emergency assistance in this week's lame duck session.

"If not," Reid told Senate colleagues, "it will still be up to the White House and the Treasury Department to take the steps that I believe are necessary and warranted."
 

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