CIT is one of America’s largest lenders to small businesses. It also made many subprime mortgage loans and is now seeking US assistance.
For many of the 41 million Americans who rely on light trucks, new efficiency isn't worth the higher upfront cost.
The nonpartisan Congressional Budget Office figures taxpayers will lose about $159 billion from bailouts of the financial and auto industries.
Lawmakers have a lot on their plates, plus they're still smarting from earlier bailouts.
The legal issues raised in the case against the deal are likely to arise again with General Motors.