David Gergen actually said...

I think on the automobile industry, Anderson, he has no choice but to want to see some sort of resolution because if Congress does not act before January 20th, General Motors is saying essentially there's a good chance it will run out of money and go bankrupt.

Context

Gergen discusses the urgency for Congress to resolve the auto industry bailout before Obama's inauguration.

12/02/2008

https://transcripts.cnn.com...

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