President Barack Obama as he gestures while speaking during a news conference in the Rose Garden of the White House in Washington. (AP Photo/Jacquelyn Martin)
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President Barack Obama said Saturday that he would visit the Detroit Auto Show this month so he can personally see how the industry has recovered since he took office.In his weekly radio and online address, Obama focused on how his policies helped the U.S. car industry recover.Hundreds of thousands of workers were getting laid off ... another one million Americans would have lost their jobs," he said.In a controversial move taken early in his presidency, Obama bailed out two major U.S. auto companies to the tune of $80 billion. The plan was initiated under president George W. Bush, but Obama largely oversaw the bailout.
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