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Article: REP. KANJORSKI: VOTING AGAINST AUTO RESCUE BILL WAS SIMPLY NOT OPTION
- Article from:
- US Fed News Service, Including US State News
- Article date:
- December 11, 2008
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Rep. Paul E. Kanjorski, D-Pa. (11th CD), issued the following statement:
Today, Congressman Paul E. Kanjorski (PA-11), the Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, entered into the congressional record the statement below which explains his vote in favor of the auto rescue bill. H.R. 7321, the Auto Industry Financing and Restructuring Act, passed the House yesterday evening by a vote of 237 to 170. In his statement, Chairman Kanjorski stressed that the bill, while it contains flaws and could have been better, was nonetheless necessary to save the devastated industry. Without the bill, thousands of jobs held by ...