Pelosi Says Emergency Aid for Autos Will Not Delay Advanced Technology Initiative

Statement

Pelosi Says Emergency Aid For Autos Will Not Delay Advanced Technology Initiative

Speaker Nancy Pelosi issued the following statement tonight on emergency, short-term funding for the American automobile industry:

"Congress is considering various short term funding options for the American automobile industry. We will not permit any funds to be borrowed from the advanced technology program unless there is a guarantee that those funds will be replenished in a matter of weeks so as not to delay that crucial initiative. Regardless of the source, all funding needs will be tightly targeted with vigorous supervision and guaranteed taxpayer protection."

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