Today in History: December 19, U.S. auto industry gets emergency bailout


On This Day: December 19 - U.S. Auto Industry Secures Crucial Emergency Bailout

Today marks Friday, December 19, 2025, the 353rd day of the calendar year, leaving just 12 days until its conclusion.

Today in history:

On this day in 2008, President George W. Bush announced a $17.4 billion emergency financial package to rescue the U.S. auto industry from a crisis threatening the national economy.

Also on this date:

Back in 1777, amidst the American Revolutionary War, General George Washington guided his troops—over 12,000 strong—to set up their winter camp at Valley Forge, Pennsylvania.

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