[Congressional Record (Bound Edition), Volume 155 (2009), Part 11]
[House]
[Page 14357]
[From the U.S. Government Publishing Office, www.gpo.gov]




 H.R. 1550, THE CONSUMER ASSISTANCE TO RECYCLE AND SAVE (CARS) ACT OF 
                                  2009

  (Mr. PETERS asked and was given permission to address the House for 1 
minute.)
  Mr. PETERS. Mr. Speaker, today the House will consider the CARS Act 
of 2009. This legislation is critical, not only to spur growth in 
America's auto industry, but to save and create jobs throughout the 
economy.
  History shows that one of the quickest ways to end a recession is to 
sell more automobiles. New car sales constitute a major percentage of 
the Nation's consumer spending, and increasing vehicle sales also 
stimulates demand for raw goods, from which automobiles are 
manufactured. Production of glass, steel, plastics, and other primary 
materials will be increased as more new cars are sold, creating jobs 
throughout the economy.
  Similar programs have shown proven results abroad. In Germany, sales 
were boosted roughly 40 percent. Many other nations have acted to 
strengthen their economies with policies designed to sell more 
automobiles, and the U.S. should not be left behind.
  We must pass the CARS Act today to create a recovery, not just for 
our auto industry, but for the entire economy.

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