Auto Bailout Dead for Now: GOP, UAW Won’t Strike Last-Minute Deal

Update: Colorado’s own Ken Salazar voted for the bailout.

John Hawkins at Right Wing News reports within the past hour that the automotive bailout deal is dead in the U.S. Senate for this year. Confirmed by the Associated Press:

A $14 billion emergency bailout for U.S. automakers has collapsed in the Senate after the United Auto Workers refused to accede to Republican demands for swift wage cuts.

Michelle Malkin reports only 52 votes in the U.S. Senate, eight short of the 60 needed for cloture to move the auto bailout forward.

Good news. If this economic disaster ends up going forward, the Democrats and their UAW sugar-daddies will own it.