Auto Bailout Begins Today

By Scott Sarvay

June 18, 2010 Updated Dec 29, 2008 at 10:17 AM EST

WASHINGTON (Indiana's NewsCenter) - Chrysler and General Motors are expected to receive the installment of a government-approved bailout today.

The Treasury Department will transfer $13.4 billion to both companies.

The money is part of the $17-billion in assistance President Bush approved two weeks ago.

Gm will use part of the loan to pay off it auto parts suppliers.

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