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11 December 2008

Jim Marshall & Georgia Republicans Vote Against Auto Bailout

Last week, Georgia Congressman Lynn Westmoreland told 11Alive News that he would "oppose any bailout of the Detroit automakers" [Source: 11Alive.com, "Ga. Congressional Delegation Weighs in on Auto Industry Bailout", December 4, 2004]. Wednesday evening, Westmoreland remained true to his word as he and seven other Georgia Congressmen, including Democrat Jim Marshal, voted against the Auto Industry Financing and Restructuring Act (H.R. 7321) [Source: House Roll Call #690].

The auto bailout bill passed by the U.S. House provides $14 billion in emergency loans to the troubled automobile industry. The Associated Press reports that while Democratic leaders hope to have the Auto Industry Financing and Restructuring Act passed by the end of the week, Republicans in the Senate have vowed to oppose the bill [Source: Associated Press, "House approves $14B auto rescue bill", December 10, 2008]

Both Georgia's Senators, Saxby Chambliss and Johnny Isakson, have indicated that they aren't in favor of providing the auto industry with a bailout from the government.