Will Congress Reach an Agreement on the Auto Bailout?

Many members are skeptical of Detroit's plans to get emergency financing.

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Yesterday the Detroit automakers presented their restructuring plans to Congress in an attempt to obtain emergency funds and avoid bankruptcy. There are few supporters of a bailout deal as many members of Congress remain skeptical of Detroit's plans. Speaker Nancy Pelosi, however, said that "it's pretty clear that bankruptcy is not an option [for U.S. automakers]." Will a bailout deal gain enough support in Congress to pass? Or will the auto industry be forced to declare bankruptcy, which GM says is not an option? Post your thoughts.

Previously: Is Barack Obama's National Security Team a "Team of Rivals"?