In our fragile economy, failure to act to keep the auto industry afloat is simply not an option.

Our government moved quickly to help Wall Street because of its impact on the entire economy.  With the American auto industry teetering on the brink of disaster as a result of the global economic recession, it’s equally critical to help families on Main Street by approving immediate assistance to Chrysler, Ford and GM.  Now is no time to leave the millions of workers who rely on the American auto industry for their livelihoods out in the cold.  And it is no time to throw our economy into a deeper downward spiral when we can least afford it.

Not only does the American auto industry directly employ hundreds of thousands of workers, it also supports billions of dollars of economic activity in communities all across the country. 

Beyond immediate assistance, we must also invest quickly in energy efficient automotive technology, which would mean more jobs and a stronger American auto industry that is competitive around the globe.

Contact: Steve Smith (202) 637-5018