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McCain Wants 'Bankruptcy-like Solution' For Auto Industry

[media id=6957] Sen. John McCain told George Stephanopoulos that he doesn't support a government bailout or bridge loan for the Big Three auto makers

Sen. John McCain told George Stephanopoulos that he doesn't support a government bailout or bridge loan for the Big Three auto makers.

"I think that if not bankruptcy, certainly a bankruptcy-like solution, which forces everybody to sit down at the table and redo all these agreements," said McCain

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