will get up to $5 billion and
$500 million in short-term aid, the
reports, citing a 250-page government report the newspaper obtained.
reported last week that GM would get about $5 billion and Chrysler $500 million, citing an Obama administration official, which prompted a denial from the White House.
The short-term aid figures are disclosed in the report from the Treasury Department's Inspector General on the $700 billion Troubled Asset Relief Program, the newspaper says. The report was obtained from a congressional source late Monday.
The report also discloses the Treasury Department has spent $24.8 billion of its projected $25 billion on its auto program, including $13.4 billion for GM, $4 billion for Chrysler, nearly $6 billion to support GMAC and $1.5 billion to aid Chrysler Financial.
says the report also says that the Obama administration initially plans to set aside $1.25 billion to pay for a warranty program that will guarantee the warranties of Chrysler or GM vehicles if either automaker files for bankruptcy protection.
reports the Obama administration will make about $500 million available to Chrysler through the end of the month as the automaker seeks to reach an alliance with Italy's
. The administration's task force doesn't believe Chrysler can stand alone and is brokering meetings this week in Washington and Detroit to see if a deal with Fiat is possible,
reports GM will get up to $5 billion through May to help it restructure outside of bankruptcy.