The Obama Administration will make more financial aid available to General Motors and Chrysler.
GM will receive up to $5 billion through May to help the company restructure itself without going through bankruptcy. And Washington will send about $500 million to Chrysler.
But the Wall Street Journal reports there are growing signs that Chrysler could be headed for liquidation. Some officials in the Obama Administration have decided that Chrysler isn't worth saving because they consider its product line weak, along with its lack of international presence.
Click the player to watch the CBN News report followed by Pat Robertson's comments concerning the problems surrounding the bankruptcy of General Motors.