What Government Did Today

Obama Administration Auto Restructuring Initiative General Motors Restructuring On March 30, 2009, President Obama laid out a framework for General Motors to achieve viability that required the Company to rework its business plan, accelerate its operational restructuring and make far greater reductions in its outstanding liabilities.After two months of significant management engagement, General Motors has developed such a plan and has already begun to make progress toward its achievement. The Company has also secured commitments of meaningful sacrifice from all of its major stakeholder groups , sacrifices sufficient for this plan to proceed forward. As a result, the President has deemed GM’s plan viable and will be making available about $30 billion of additional federal assistance to support GM’s restructuring plan . To effectuate its plan, General Motors will use Section 363 of the bankruptcy code to clear away the remaining impediments to its successful re-launch.

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Fact Sheet on Obama Administration Auto Restructuring Initiative for General Motors

THE WHITE HOUSE Office of the Press Secretary ___________________________________________________ FOR IMMEDIATE RELEASE                  May 31, 2009 STATEMENT FROM THE PRESIDENT ON THE MURDER OF DR. GEORGE TILLER I am shocked and outraged by the murder of Dr. George Tiller as he attended church services this morning.  However profound our differences as Americans over difficult issues such as abortion, they cannot be resolved by heinous acts of violence.

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Statement From The President On The Murder Of DR George Tiller

THE WHITE HOUSE Office of the Press Secretary _____________________________________________________ For Immediate Release                        May 31, 2009   President Barack Obama today announced the designation of a Presidential Delegation to San Salvador, El Salvador to attend the Inauguration of His Excellency Mauricio Funes, President-elect of the Republic of El Salvador on June 1, 2009. The Honorable Hillary Rodham Clinton, Secretary of State, will lead the delegation

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Statement from the Press Secretary