Bush, Hill leaders say job losses argue for auto help

President Bush and congressional leaders are seizing on grim new unemployment data to try to rally support for a rescue plan for U.S. automakers, although they differ on where the money would come from.

Bush told reporters in the Rose Garden that Congress should take $25 billion from a program that already exists and should do it by no later than next week. He said taxpayer money must be repaid.

Congressional leaders are considering other routes, including a $34 billion bailout in new money being pushed by Big Three automakers.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.