Coburn Rejects Blank Check to Big Three Auto Companies
(WASHINGTON, D.C.) – U.S. Senator Tom Coburn, M.D. (R-OK) today urged the Senate to reject a cash giveaway to the Big Three auto companies – Chrysler, General Motors and Ford – and only allow limited Congressional action after renegotiations of labor agreements.
^“The Big Three will not be competitive until their employment costs are comparable to their competitors. The United Auto Workers union and Big Three executives jeopardized the future...