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The White House consulted with President-elect Barack Obama on the $13.4 billion loan package for automakers that President Bush announced Friday, both sides said.

The Bush administration briefed Obama's transition team over the last several days about options under consideration, according to a transition aide not authorized to speak publicly, though the administration did not ask for Obama or his staff's approval or opinion on the package or any of its specifics.

White House spokesman Joel Kaplan confirmed that there had been "consultations ongoing" between the two sides but he declined to go into specifics. Read full article »

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