No Deal

It was the top headline on today's Los Angeles Times, Washington Post and New York Times. But no one said it better than the Detroit Free Press: "No Deal."

The U.S. Senate failed to reach a deal to bail out the Big Three automakers. "Without a Deal, Carmakers Face Bankruptcy Treat," The Washington Post said. A Free Press editorial called it a "Dreadful outcome for Detroit."

The Washington Post pictured players in the Senate, including two Republicans who played an active role in the revolt against the bailout plan approved by the U.S. House and supported by the Bush administration. In a front-page column, Daniel Howes of the Detroit Free Press wrote that the United Auto Workers have ignored Southern Republicans and "foreign-owned auto plants proliferating down South:" "Senators to UAW: It's payback time." The Los Angeles Times tallied up political donations by the Big Three and said, "Since 1990, the auto industry has cut $100 million in checks to the GOP, compared with $34 million to Democrats. But the Big Three is snubbed on bailout."