首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
财经
The leaders of Detroit’s struggling Big Three automakers are appearing before the Senate today, where prospects of ¥25 billion i
The leaders of Detroit’s struggling Big Three automakers are appearing before the Senate today, where prospects of ¥25 billion i
admin
2015-03-08
62
问题
The leaders of Detroit’s struggling Big Three automakers are appearing before the Senate today, where prospects of ¥25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare," Senate Majority Leader Reid introduced a bill yesterday to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving -as a linchpin of the U.S. economy -or are, in the words of one high-profile critic, Republican Sen. Richard Shelby of Alabama, an innovation-averse "dinosaur".
Shelby, appearing Sunday on Meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It’s a road to nowhere, and it’s a big burden on the American taxpayer."
Republicans attacked the measure on several fronts. Some questioned the rush to judgment, others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥700 billion rescue was the No. 1 issued when he toured the state recently. "Candidly, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ¥25 billion is only 4 percent of the bigger bailout. Reid’s spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans, rewrote the rules for ¥25 billion in loans granted to automakers to help them retool factories to build fuel-efficient vehicles. "It’s mind boggling," one Republican said of Democrats’ intransigence. "If I were them, I’d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford’s president and CEO, Robert Nardelli, Chrysler’ s chairman and CEO, and Rick Wagoner, GM’ s chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
Sen. Arlen Specter is quoted in Paragraph 8 to( ).
选项
A、reflect the reaction of the ordinary people to the bill
B、illustrate people’s approval of passing the measure
C、demonstrate the troubles caused by agreeing to union contracts
D、show the devastating impact of auto industry on society
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/GVgc777K
本试题收录于:
英语题库银行系统招聘考试分类
0
英语
银行系统招聘考试
相关试题推荐
Theinfluenceofclimateonbehaviorappearsall-pervasive.Indeed,whocanclaimthatweatherfactorshavenoinfluenceontheird
TheclockknockedtwelveandIrealizeditwaslate.
Thisbookisforpeople______eyescanntsee.
Theprogramisdesignedtoimprovecompetitivestrengh;________,itwillalsoincreasethepotentialforhigherearnings.
TheMESBICthenprovidescapitalandguidancetominoritybusinessesthathavepotentialtobecomefuturesuppliersorcustomers
Theentrepreneur,accordingtoFrencheconomistJ.B.Say,“isapersonwhoshiftseconomicresourcesoutofanareaoflowerandin
Before______forthejob,youwillberequiredtotakealanguagetest.
Fiveyearsago,DavidSmithworeanexpensivesuittoworkeveryday."Iwasaclothesaddict,"hejokes,"Iusedtocarryafre
Whenweanalyzethesaltsalinity(盐浓度)ofoceanwaters,wefindthatitvariesonlyslightlyfromplacetoplace.Nevertheless,s
随机试题
某石化企业中央控制楼内设有消防控制室,该企业的一个生产车间设有可燃气体探测报警系统,该系统设备的选型或设置错误的是()。
国际化企业具有的特点是()
不寐形成的原因是
脑外肿瘤的特点是
下列属于一类医疗器械的是
“生存还是死亡,这是一个问题”出自莎士比亚的哪部作品?()
比较适合新手教师采用的课堂设计形式是()。
将下列各项按所表示年龄大小顺序排列,正确的顺序应是()。①不惑②垂髫③花甲④加冠⑤而立⑥古稀⑦半百
关于白盒测试与黑盒测试的最主要区别,正确的是(49)。
Thecriminalinthepoliceoffice______tohavingstolenagreatamountofmoneyfromthecompany.
最新回复
(
0
)