Emily Belz

Emily is a senior reporter for WORLD Magazine based in New York City. Follow Emily on Twitter @emlybelz.

Associated Press/Photo by Gerald Herbert

'Show us the plan'

Economy | And Congress may then decide to show the auto industry the money when it reconvenes in December
by Emily Belz
Posted 11/20/08, 12:00 am

WASHINGTON-A $25 billion bailout for the auto industry fell flat Thursday when Senate and House leadership decided to postpone the legislation. Lawmakers demanded that the auto chiefs present more specific plans on how they would use the money to the House and Senate banking committees by Dec. 2. Congress plans to reconvene Dec. 8 to reconsider the legislation.

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Associated Press/Photo by Gerald Herbert

At the dealer

Economy | Automakers seek taxpayer money to avoid failure in the coming months
by Emily Belz
Posted 11/18/08, 12:00 am

WASHINGTON-Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the national economy as well.

Facing the Senate Banking Committee, the leaders of General Motors, Ford, and Chrysler presented the dire economic outcome of their failure, even as the $25 billion legislation, which would dip into the $700 billion bailout, looked doomed in Congress due to opposition from Republicans and President Bush.

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Associated Press/Photo by Susan Walsh

Freshman class

Congress | New lawmakers who will join the 111th Congress find themselves on a fast track to learn their way around Capitol Hill
by Emily Belz
Posted 11/17/08, 12:00 am

WASHINGTON-Newly elected members of 111th Congress arrived in Washington this week, facing a rapid orientation observing the current session vote on plans to salvage the economy. House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid have called a lame duck legislative session of the 110th Congress, hoping to pass a second economic stimulus bill, with a slice of federal money for automakers.

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