republican senators

Calling the auto industry a “dinosaur,” two Republican senators said a bailout would only postpone its demise.

Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming.

Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming.

Their opposition raises serious doubts about whether the plan will pass in this week's postelection session.

Nervously eyeing the markets' next trading session, congressional Democrats and Republican senators pushed for an agreement Saturday on a multibillion-dollar bailout for the financial sector.