Auto Bailout Passes House


The auto bailout for the Big 3 (Chrysler, Ford, GM), worth $14 billion of assistance, passed the U.S. House of Representatives by a vote of 237-170. Here’s how Indiana’s Congressmen voted:

For
Andre Carson (D)
Joe Donnelly (D)
Brad Ellsworth (D)
Baron Hill (D)
Pete Visclosky (D)
Steve Buyer (R)
Mark Souder (R)

Against
Dan Burton (R)
Mike Pence (R)

The bill now heads to the Senate. Indiana’s junior Senator Evan Bayh (D) has this to say:

“We’re faced with trying to choose the best among unpalatable alternatives. Nobody wanted to give money to the banks or to the insurance companies, and nobody wants to give money to the auto industry. I don’t. But if the alternative is losing hundreds of thousands of jobs and having automakers, dealerships, part suppliers, and other retailers in local communities go down, we have to make a hard choice here.

“People think the economy is bad now, but if we let all these companies go belly up, and all those folks get laid off, I’m afraid it would be much worse.

“Indiana has a huge stake in this debate. If the big auto companies go down and thousands of jobs are lost, it’s going to hit us a lot harder than almost any place else in the country."

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