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Thursday, June 11, 2009

On the Campaign Trail: Braley, Hare push back on dealer cuts

Excerpted from this post at On the Campaign Trail
The Quad-Cities' two congressmen have signed on to a bill that would
reverse the cuts General Motors and Chrysler are making to their
dealer networks. Reps. Phil Hare, D-Ill., and Bruce Braley, D-Iowa,
are co-sponsoring the Automobile Dealer Economic Rights Restoration
Act of 2009. Here's the bill's text. Backers say the dealers are an
asset that come at virtually no cost, and that they're needed to
protect the federal government's investment in the manufacturers. They
also say cutting the dealer network will hurt the economy. "Closing
local auto dealerships would have a devastating impact on my
constituents," Hare said today. "These critical small businesses
provide thousands of good-paying jobs in my district. Rebuilding the
auto industry should be done in tandem with these dealerships, not
despite them."

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