REP. PITTS' FRIDAY FAXLINE, NOV. 21
November 21, 2008
November 21, 2008
WASHINGTON, Nov. 21 -- Rep. Joseph R. Pitts, R-Pa. (16th CD), issued the following weekly update:
No bailout for the auto industry yet
The executives of the Big Three U.S. automakers were on Capitol Hill this week to ask for billions of dollars in taxpayer money. The argument from the executives is that Detroit's auto industry is too big to fail, so Congress should bail them out. There is no doubt that the auto industry makes up the backbone of manufacturing he . . .
No bailout for the auto industry yet
The executives of the Big Three U.S. automakers were on Capitol Hill this week to ask for billions of dollars in taxpayer money. The argument from the executives is that Detroit's auto industry is too big to fail, so Congress should bail them out. There is no doubt that the auto industry makes up the backbone of manufacturing he . . .