OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Auto Industry Financing and Restructuring Act

By: Al Green
By: Al Green
Date: Dec. 10, 2008
Location: Washington, DC
Issues: Government Budget and Spending


AUTO INDUSTRY FINANCING AND RESTRUCTURING ACT -- (House of Representatives - December 10, 2008)

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Mr. AL GREEN of Texas. Thank you, Mr. Chairman, for yielding. And I especially thank the chairman for the outstanding job that he's done on the broader bill. I thank Mr. LaTourette for the service that he has rendered with reference to putting this amendment together. While I take a small amount of assurance in knowing that I may have been there, it was really his stalwart work that made the difference in getting the amendment through.

Mr. Speaker, I am honored to say that this amendment is one that should please persons on both sides of the aisle. Today in the Financial Services hearing there was much talk about transparency and talk of how we should be able to acquire the empirical evidence to ascertain whether or not new lending is taking place. This piece of legislation, this amendment, will, in fact, allow us to get some idea as to what's happening with the money as it relates to transparency.

So I thank the chairman for allowing this opportunity to speak on the amendment, and I thank Mr. LaTourette for his outstanding work on the amendment.

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