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Democrats Reach Auto Bailout Deal

WASHINGTON — The White House and Democratic congressional leaders reached a tentative deal on an emergency loan program for the auto industry, FOX News learned on Tuesday.

Both the White House and congressional Democrats were putting the finishing touches on the $15 billion bill late in the evening, but the bill could still face obstacles from congressional Republicans, who have not given their seal of approval.

It looks like the House is going to vote on a proposal sometime this afternoon

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