Knight Ridder/Tribune
11/18/2008 9:28 AM ET
House and Senate Democrats unveiled competing versions Monday of a plan to start funneling $25 billion to U.S. automakers before the end of the year, but lawmakers from both parties and the Bush administration withheld support, demanding tough conditions as part of any rescue.
While some of us are directly effected by the auto industry, others may only feel it as things trickle down. Regardless, we all have an interest in seeing the domestic auto industry rebound from current economic crisis.
The potential collapse of the BIG 3 Manufacturers is real and NOW. Next week Congress and the current Administration will determine whether to provide immediate support to the domestic auto industry to help it through one of the most difficult economic times in our nation's history. Our elected officials must hear from all of us on why this support is critical to millions of people who will be impacted by their decisions
Please go to the link below and get involved, it will only take a few minutes. Please confirm that the e-mail has been sent. http://gmfactsandfiction.com/
Auto industry facts: *3 million jobs lost in the first year
*U.S. personal income reduced by 150.7 billion
*Goverment tax loss over 3 years 156 billion
*The level of economic devastation far exceeds the 25 billion of government support the US Auto industry is asking from Congress.
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