Touring Micron Metalworks in Ham Lake
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Latest News
- 12.11.08 Bachmann Opposes Auto Industry Bailout
- 12.10.08 Bachmann Committee Statement on Oversight Failures in Implementation of Bailout
- 12.10.08 Bachmann Supports Two-Month Tax Holiday
- 12.08.08 No More Bailouts
Michele's Corner
Government to the Rescue...Again Late Wednesday night, Congress passed the Auto Industry Financing and Restructuring Act. Like bailouts in the past, I firmly opposed it, as it offered no assurances that it would fix the failing business models that put the Big Three in this position to begin with, while offering no protection for the taxpayer's investment.
Bailout Battle for the Auto Industry Late Tuesday night, the White House and the Congressional Leadership reached a general agreement on a $15-billion bailout bill for the auto industry. There are still some points that reportedly need to be worked out, and some Senate Republicans remain reluctant to support the package, which could threaten its passage by that body.