Paulson voices opposition to Big 3 bailout bill

Treasury Secretary Henry Paulson told Congress on Tuesday that the administration remains firmly opposed to dipping into the government’s $700 billion financial bailout fund for a $25 billion rescue package for Detroit’s Big Three automakers, no matter how badly they need the help. “There are other ways” to help battered automakers, Paulson told the House Financial [...] "eliotcobb.com"