Senate Democrats

Reid Statement on General Motors’ Request for Additional Support

Washington,DCSenate Majority Leader Harry Reid made the following statement today after General Motors said it would need more federal government help to stay solvent:

“In December the Bush Administration decided it was appropriate to provide the auto industry funding to help it restructure and save millions of American jobs, on the condition that they submit plans for long-term viability.  Now that the companies have submitted those lengthy and detailed restructuring plans, we must give the Obama Administration room to evaluate them and determine whether it is appropriate to provide additional assistance.”