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WALZ VOTES AGAINST AUTO BAILOUT
For Immediate Release
December 10, 2008
Contact: Meredith Salsbery
507-388-2149
WASHINGTON D.C. — Today, Congressman Tim Walz voted against the auto industry bailout bill, HR 7321. Walz released the following statement immediately after casting his vote:
"I voted against the auto industry bailout for the same reason I voted against the Wall Street bailout: because it doesn't do enough to protect the taxpayers who are footing the bill. Nothing in this bill will prevent the auto manufacturers and their suppliers from continuing to move jobs overseas. And we have no guarantee that spending $15 billion in taxpayers' money will actually solve the Big Three's problems. We must preserve and create jobs in America but this isn't the way to do it."
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