A presidential task force has been reviewing the restructuring plans of both companies to determine whether it is realistic for them to continue operating.

VOA: standard.2009.03.30

"Today's meeting with the Presidential Task Force on Autos was just the beginning of the hard work ahead for GM and the president's team, " GM said in a statement.

FORBES: Detroit's Debacle

As a result neither were prepared to make the hefty concessions that could possibly convince the presidential task-force that the pair were deserving of big supplies of emergency cash.

ECONOMIST: GM and Chrysler: Wagoner��s fast exit | The

President Barack Obama kicked off the launch by signing a Presidential Memorandum creating the first ever Task Force on Childhood Obesity which will include the DPC, Office of the First Lady, Interior, USDA, HHS, Education, NEC and other agencies.

WHITEHOUSE: ��Let��s Move�� Kick-Off