Obama hails deal on increasing auto fuel-economy standards
Saturday, July 30, 2011 - 02:30
in Mathematics & Economics
The agreement — following weeks of negotiations involving automakers, environmentalists, unions, White House officials and the state of California — calls for cars and light trucks to achieve a fleetwide average of 54.5 miles per gallon by 2025.Set against the stalemate of the debt-ceiling debate, President Obama on Friday hailed agreement on an ambitious increase in auto fuel-economy standards as evidence that compromise and progress are still possible.