[Congressional Record (Bound Edition), Volume 155 (2009), Part 10]
[House]
[Page 13059]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1015
         RECONSIDERING TAXPAYER SUPPORT FOR THE AUTO COMPANIES

  (Mr. DeFAZIO asked and was given permission to address the House for 
1 minute.)
  Mr. DeFAZIO. The premise of taxpayer support for the auto companies 
was twofold--preserve our productive capacity and maximize job 
retention.
  Well, the plan has kind of gone off track here. The resolution of 
Chrysler, losing tens of thousands of jobs through the unnecessary 
closure of dealerships, and now Chrysler is going to close their most 
productive, modern engine plant in the world and build one in Mexico? 
How is that in the taxpayers' interest?
  The leadership of the financier from Wall Street, Mr. Rattner, needs 
to be brought under control here. GM's now on deck. The Obama 
administration has to reconsider their approach. Don't endorse the 
closure of thousands of dealerships. Don't support the export of our 
productive capacity.
  It is rumored that GM wants to manufacture their cars in China. 
Preserving a corporate shell while losing productive manufacturing 
capacity and tens of thousands of jobs is not in the taxpayer interest 
and should not receive the endorsement of the Obama administration nor 
this Congress.

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