Congressional Digest

Congressional Digest February 2009 No. 2 Vol. 88
Honorable Steny Hoyer

Saving the Big Three

Federal Help for the Car Companies

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Honorable Steny Hoyer

United States Representative, Maryland, Democrat

Representative Hoyer, of the Fifth District of Maryland, was first elected to the U.S. House of Representatives in 1981. He served in the Maryland Senate from 1966 to 1978, where he was President from 1975 to 1978. He is the House Majority Leader. The following is from the December 10, 2008, House floor debate on H.R. 7321, the Auto Industry Financing and Restructuring Act. This bill is designed to give the automakers the time and space they need to become a competitive job-creating industry once again. It is designed to do so while protecting taxpayer dollars. Reconciling the goals of saving…

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