For Immediate Release
November 20, 2008 |
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FOR MORE INFORMATION:
Cullen Schwarz
Office: 202.225.4961
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Levin on Efforts to Assist Domestic Auto Industry |
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(Washington D.C.)- Rep. Sander Levin issued the following statement on the status of efforts to secure a bridge loan for the domestic auto industry.
“The opportunity must be seized to turn an unfortunate delay into an accelerated effort on the reasons a government bridge loan must be provided in order for the domestic auto industry to weather this severe global financial crisis.
“The bi-partisan agreement in the Senate requires a plan from the companies, stringent oversight and taxpayer provisions from the House bill and repayment of the loan program designed to re-tool plants for advanced technology cars.
“Today there was a clear reiteration by House and Senate leaders that a strong domestic auto industry is vital to America’s economic and national security in a global economy undergoing major technological change. They made it clear they expect Congress to act in December.”
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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
