Auto Bailout Compromise Includes Czar

Marc Ambinder has the lowdown on the status of the auto bailout and has posted a version of the bill in play.

It calls for the president will appoint a car czar to administer this, but both sides won't call the czar a czar. He or she will be merely an "adviser." Any new expenditure greater than $25 million would be subject to this administrator's approval.

One of the biggest concessions that Democrats seem to have wrung out of Detroit is a promise to drop their lawsuits against state governments trying to get them to curtail greenhouse gas emissions.

Lawsuits against state governments? Detroit has nerve. They should've been making clean cars moons ago.

The WSJ's take on the now $15 billion loan.