For Immediate Release
December 10, 2008 |
|
|
FOR MORE INFORMATION:
Cullen Schwarz
Office: 202.225.4961
|
| |
|
Levin on House Approval of
Bridge Loans to Automakers |
|
| |
|
| |
|
(Washington D.C.)- The House of Representatives today approved legislation to support the American auto industry and protect millions of auto-related jobs nationwide. H.R. 7321, the Auto Industry Financing and Restructuring Act, passed by a vote of 237-170.
Following the bill’s passage, Congressman Sander Levin (D-MI) released the following statement:
“This legislation provides the domestic auto industry with a critical bridge to the future. It contains rigorous oversight as the domestic auto industry continues the vital task of restructuring. Other countries are moving to support their domestic auto industries and it is vital the United States do the same. The House has voted to help sustain the backbone of this country’s manufacturing base with millions of jobs at stake across all 50 states. Now the Senate must act and avoid devastation to an economy already in recession."
(####)
|
|
|
|
To Contact Congressman Levin: -
Email Congressman Levin In Michigan: 27085 Gratiot Ave, Roseville, MI 48066 | (586) 498-7122 | (248) 968-2025
In Washington: 1236 Longworth House Office Building, Washington, DC 20515 | (202) 225-4961
