Senator Corker Weighs the Auto Bailout

The Tennessee Republican says, "This is an opportunity that comes along once in 50 years," but he doubts the final bailout bill will spell out conditions for Detroit

There are plenty of battle lines being drawn over a possible taxpayer bailout of the U.S. auto industry. There's the unionized industrial Midwest vs. the nonunionized tech- and finance-oriented coasts. There are conservative, free-market red states vs. liberal, regulation-minded blue states. And there are lawmakers who, surveying this landscape littered with political land mines, would like nothing better than to kick the auto industry can down the road for President-elect Barack Obama to deal with.

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