[Congressional Record Volume 156, Number 23 (Tuesday, February 23, 2010)]
[House]
[Pages H661-H662]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN AUTO SUPPLIERS DESERVE BETTER FROM THEIR GOVERNMENT
(Mr. TURNER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. TURNER. Mr. Speaker, as the administration begins to finally
focus on job creation, they should look to the auto industry. Last
year, the Federal Government, at the insistence of the administration,
provided a $30 billion bailout to General Motors to create, according
to administration officials, ``a leaner and more efficient company.''
Recently, in House hearings, I questioned Assistant Treasury
Secretary Allison about taxpayer dollars subsidizing GM expansion and
investment overseas. This taxpayer bailout appears to have cost
additional U.S. jobs and is jeopardizing automotive supplier companies.
Harco Manufacturing, from my congressional district, is an example of a
supplier being impacted by the bailout of General Motors. After
receiving bailout funds, General Motors has selected suppliers from
overseas, making it nearly impossible for domestic companies to fairly
compete for business.
Harco has requested that auto czar Ed Montgomery visit their facility
to talk about these issues during his trip
[[Page H662]]
to Ohio tomorrow. It is my hope that Mr. Montgomery will work with them
to help grow jobs here and not overseas.
Mr. Speaker, American auto suppliers deserve better from their
government.
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