You are hereForums / ADS Forums / Media Team / CHAIRWOMAN BOXER OF THE SENATE'S ENVIRONMENT AND PUBLIC WORKS COMTE REPLY

CHAIRWOMAN BOXER OF THE SENATE'S ENVIRONMENT AND PUBLIC WORKS COMTE REPLY


Dear Mr. Fisher:

Thank you for writing to me about proposals to provide emergency loans to the U.S. auto industry. I appreciate hearing from you on a matter that is very important to our nation and to California, which has 153,000 related jobs in dealerships and other affiliated enterprises.

Last year, Congress authorized a program to provide up to $25 billion in loans to automakers and parts suppliers for the production of fuel-efficient cars and light trucks.

Recently, the "Big Three" automakers returned to ask Congress to authorize bridge loans to cover day-to-day operations. Congressional leaders rightly insisted that the automakers must develop a credible restructuring plan that results in a viable industry with quality jobs and economic opportunity for the 21st century while protecting taxpayer investments.

As Congress considers further assistance for the U.S. auto industry, I will be weighing any proposal in light of its impact on California's workers and taxpayers. I believe that any federal assistance should be used to stimulate growth, modernization, and job creation.

Again, thank you for writing to me. Please be assured that I will keep your views in mind as Congress considers any additions or modifications to the emergency loan program.

Barbara Boxer
United States Senator

Please visit my website at http://boxer.senate.gov

Support WarIsACrime



Donate.








Tweet your Congress critters here.


Advertise on this site!




Facebook      Twitter





Our Store:



















Movie Memorabilia.



The log-in box below is only for bloggers. Nobody else will be able to log in because we have not figured out how to stop voluminous spam ruining the site. If you would like us to have the resources to figure that out please donate. If you would like to receive occasional emails please sign up. If you would like to be a blogger here please send your resume.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.