Schwarzenegger with Obama on auto industry bailout
Gov. Arnold Schwarzenegger (R-CA) told ABC’s George Stephanopoulos that he supports a bailout of the Big Three automakers if the companies agree to reform themselves.
“I think it’s very important to not just put money in. But let’s go and see if they have been fiscally responsible, and if they’re really operating the right way; because right now, all of those — you know, if you pay the auto workers or the benefits and all of those things, [those] are maybe too high,” said Schwarzenegger.
This video is from ABC’s This Week, broadcast Nov. 16, 2008.