So last week I wrote that the Detroit bailout is a perfect opportunity for the GOP to take a pro-entrepreneur, anti-special-interest stance. Today John Boehner made an announcement:
Why are Democratic leaders in Congress discussing an additional taxpayer-funded bailout on top of that $25 billion package instead of ensuring these loans are made available to the automakers as quickly as possible? Why have the Democratic leaders of Congress been willing to provide this money without insisting that the companies receiving these federal dollars demonstrate to Congress and to taxpayers that they have a credible plan to strengthen their financial health?
Certainly encouraging. The White House is also voicing opposition to this bailout--but not because of any principled stance against corporate welfare (no surprise there). Bush just doesn't want it draining Treasury funds from his other bailout.

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