sailingaway
07-03-2011, 02:57 PM
Auto Industry Financing and Restructuring Act
In December of 2008 the US House voted to pass the Auto Industry Financing and Restructuring Act. The act provided a loan to GM through TARP funds and set up a plan to allow the company to receive more if they demonstrated a path back to viability. The act failed to pass the Senate, but was used as a guideline for the GM bailout for the Obama administration. Thaddeus McCotter voted in favor of the Auto Industry Financing and Restructuring Act.
Thaddeus McCotter voted in favor of the Auto Industry Financing and Restructuring Act.
He also voted for the Bush stimulus
The Bush Stimulus
In early 2008, the Recovery Rebates and Economic Stimulus for the American People Act of 2008 was passed in an attempt to stimulate the economy. Also known as the Bush Stimulus, the act consisted largely of checks sent to individuals. The bill received wide bipartisan support and passed the House 385-35. Thaddeus McCotter voted in favor of the Bush Stimulus.
Thaddeus McCotter voted in favor of the Bush Stimulus.
http://www.thepoliticalguide.com/rep_bios.php?rep_id=52451415&category=views&id=68585296208038
However, I do like that he tried to limit IMF loans and opposed TARP.
In December of 2008 the US House voted to pass the Auto Industry Financing and Restructuring Act. The act provided a loan to GM through TARP funds and set up a plan to allow the company to receive more if they demonstrated a path back to viability. The act failed to pass the Senate, but was used as a guideline for the GM bailout for the Obama administration. Thaddeus McCotter voted in favor of the Auto Industry Financing and Restructuring Act.
Thaddeus McCotter voted in favor of the Auto Industry Financing and Restructuring Act.
He also voted for the Bush stimulus
The Bush Stimulus
In early 2008, the Recovery Rebates and Economic Stimulus for the American People Act of 2008 was passed in an attempt to stimulate the economy. Also known as the Bush Stimulus, the act consisted largely of checks sent to individuals. The bill received wide bipartisan support and passed the House 385-35. Thaddeus McCotter voted in favor of the Bush Stimulus.
Thaddeus McCotter voted in favor of the Bush Stimulus.
http://www.thepoliticalguide.com/rep_bios.php?rep_id=52451415&category=views&id=68585296208038
However, I do like that he tried to limit IMF loans and opposed TARP.