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Give GM, Chrysler Some Breathing Room

by Newspaper Contributors

General Motors Corp. and Chrysler LLC appear to be getting something they really need from the Obama administration: a little breathing room. The clock is ticking toward the March 31 deadline for the automakers to prove their viability to the federal government. That means renegotiating labor contracts, restructuring debt and making new deals with suppliers.

But leaders of President Barack Obama's auto task force now say that deadline isn't likely to be enforced, taking away a gun from ...

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