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Troubled US carmakers GM and Chrysler have asked the US government for another $21.6bn (£15.2bn) in support, on top of the $17.4bn already received.
The auto giants also plan to axe 47,000 and 3,000 jobs respectively, as well as shedding a number of car models.
The moves form part of their drastic restructuring plans submitted to the US Treasury Department on Tuesday night.
An extra £4.2bn a year will have to be spent on tax credits if the government is to meet its target of halving child poverty, a report warns.
The Joseph Rowntree Foundation (JRF) estimates that 2.3 million children will be in poverty in 2010, missing the 1.7 million target set in 1999.