January 13, 2009: Obama on track to win $350 billion from Congress for bailout (McClatchy Newspapers)

  • "The American people have a lot of questions about how additional funds would be used," said Sen. Mitch McConnell , R- Ky. , his party's leader in the Senate .
  • "The current administration used these funds for the auto industry, a move that I opposed," he said. "Now Congressional Democrats are urging more of the same. The American people still don't have assurances that this money will not be wasted or misused to play favorites. So far, the incoming administration has not said whether it plans to limit funds to their original purpose or to expand their use to help specific industries."