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DINGELL: KILLING THE ADVANCED TECHNOLOGY VEHICLE MANUFACTURING JOB-CREATING LOAN PROGRAM MAKES NO SENSE

Republicans must not walk into the most important issue America faces with their eyes completely closed


Washington, D.C. – Today U.S. Representative John D. Dingell (D-MI15)  took to the floor to defeat H. Res. 405,  providing for the Consideration of H.R. 2608  during his effort to defeat the previous question after the rule on the House floor today.  If defeated, Congressman Dingell was to have offered an amendment to strip language rescinding funding for the Advanced Technology Vehicle Manufacturing loan program.  This procedural tactic was last successful over twenty years ago.   Below is the Congressman's floor speech as prepared:


“I thank the gentle lady for yielding.  This bill is brought to you by people who know the cost of everything and the value of nothing.  Mr. Speaker, I am just baffled by why we are considering a measure that will cut funding for the Advanced Technology Vehicle Manufacturing loan program.  This loan program has created or saved over 40,000 jobs so far and could create 10,000 more by year’s end.  For all the talk in Washington about wanting to create new jobs, killing ATVM just plain makes no sense.

“The Economic Policy Institute just released a report that my home state of Michigan has lost nearly 80,000 jobs to China since 2001.  If we cripple this loan program, Michigan and the rest of the country can expect to lose even more jobs and their ability to compete globally in the 21st century.  Now, I understand we are living in tough economic times and have to squeeze every penny to make sure it counts.  All the same, we simply cannot afford to rob Peter to pay Paul at an enormous cost to our country’s competitive future.

“It comforts me that many of my colleagues see this rascality for what it is.  Over 100 of them have signed on to a letter by my friends, Gary Peters and Anna Eshoo, in opposition to gutting ATVM.  I urge my colleagues to stand up for what is right by defeating the previous question and adopting my amendment, which will provide for disaster relief funding and also preserve the integrity of a critical job-creating program. Thank you for your courtesy, and I yield back the balance of my time.”      

To view the video of Congressman Dingell’s floor speech, please click
here.


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