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Car Crew Gets $17.4 Billion

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The White House plans a $17.4 billion rescue package for the troubled Detroit auto makers that avoids bankruptcy, officials said. President Bush was set to make an announcement at 9 a.m. The deal would extend $13.4 billion in loans to General Motors and Chrysler in December and January, with another $4 billion likely available in February. The deal is contingent on the companies showing that they are financially viable by March. --WSJ