CBS Evening News - 2009-02-17
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Read a transcript preview of “CBS Evening News - 2009-02-17” from malgent, uploaded on 2025-08-07.
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Language: English (original, YouTube automatic captions)
[0:00] [Music]
[0:02] Tonight, your tax dollars at work. The
[0:05] president signs the stimulus and shows
[0:07] you where your money's going. And GM and
[0:09] Chrysler roll out overhaul plans in
[0:11] exchange for a taxpayer bailout. I'm
[0:14] Katie Kurrick. Also tonight, Alex
[0:16] Rodriguez comes clean. The baseball
[0:18] slugger says his cousin repeatedly
[0:21] injected him with steroids.
[0:23] >> I knew we weren't taking Tic Tacs.
[0:25] >> Another billionaire accused of a massive
[0:27] fraud against investors. Her
[0:31] life had the most horrible beginning.
[0:34] Then she was touched by an angel and
[0:36] what happened next was nothing short of
[0:38] a miracle.
[0:44] >> This is the CBS Evening News with Katie
[0:47] Kurig.
[0:50] >> And good evening everyone. The taxpayer
[0:52] bailout of GM and Chrysler has a big
[0:54] string attached. The companies have to
[0:56] prove they can survive. And today, right
[0:59] on deadline, they sent the Treasury
[1:00] their plans for sleeker new businesses.
[1:03] They'll be cutting more workers,
[1:04] eliminating some well-known name plates,
[1:06] and requesting more taxpayer money. GM
[1:09] wants another 16 billion. Chrysler
[1:11] another 5 billion. Anthony Mason is our
[1:13] business correspondent. And Anthony,
[1:15] there is a lot writing on all this.
[1:17] >> There sure is, Katie. A short time ago,
[1:19] GM emailed a 900page survival plan to
[1:22] the Treasury Department. Chrysler also
[1:25] submitted its restructuring plan today
[1:27] as a condition of the $17 billion in
[1:30] government loans the two companies have
[1:31] already received. They're both trying to
[1:34] prove they can still make it. But
[1:36] General Motors says survival could cost
[1:39] the government another 16.5 bill