[Congressional Record (Bound Edition), Volume 159 (2013), Part 13]
[House]
[Page 18352]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1645
                        GENERAL MOTORS' COMEBACK

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute.)
  Ms. KAPTUR. Mr. Speaker, critics said it couldn't be done. They said 
the Federal Government ``refinancing'' of the American automobile 
industry couldn't work. Thankfully, for the economy of our country, 
they were wrong, wrong to denounce President Obama for his courageous 
decision to save America's auto sector. Yesterday, Treasury announced 
it was selling its last stake in General Motors, the same General 
Motors that critics derisively called ``Government Motors.''
  Now the verdict is in: the automotive rescue was a huge success. Led 
by House Democrats, 237 out of 435 Members of this House voted to save 
America's auto industry. The President and Democrats made a bet on the 
auto communities, and it paid off with dividends.
  Today, the auto sector supports one in 17 private sector jobs in this 
country and one in eight jobs in Ohio. The workers at the Toledo 
Transmission Plant and the Parma Metal Center thank President Obama and 
the Members of Congress who were willing to take the heat and do the 
right thing. The U.S. auto industry is back thanks to the President's 
leadership and those 237 Members of this House.
  Onward, USA.

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