Congressman Kanjorski wants specifics from auto industry

In a hearing on a bailout for the auto industry before the House Financial Services Committee, Congressman Paul Kanjorski (D-Penn.) asks Richard Wagoner Jr., chairman and CEO of General Motors, for the specific amount of money needed by GM and how long GM can last without government aid. Kanjorski says he wants the numbers so that Congress can take the appropriate amount of time to weigh whether or not to give the money. Wagoner gives vague answers, and Kanjorski presses him for more specifics. (2:46)
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Barney Frank: Bias against blue-collar aid?

In a hearing on a bailout for the auto industry before the House Financial Services Committee, Chairman Barney Frank (D-Mass.) points out a distinction between reaction to proposed aid for white-collar jobs and proposed aid for blue-collar jobs. When the AIG and financial-industry bailouts were being debated, there was no discussion of the salaries for the employees, yet in the current debate there has been significant discussion of salaries of auto workers. Frank says people seem to be more willing to accept aid to the white-collar industry than to the blue-collar industry. (0:43)
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