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Tue March 24, 2009
Granholm in DC to lobby for auto aid
By Rick Pluta, Michigan Public Radio Network
East Lansing, MI – East Lansing, MI (MPRN) - Governor Granholm was in Washington DC on Tuesday to lobby the Obama administration and Congress for more assistance for the Detroit carmakers.
The governor says she knows the public does not support more aid for carmakers, but there is a case to be made.
Granholm says the failure of even one of the Detroit automotive companies would affect suppliers of metal, electrical, and plastic parts across the country.
The industry is seeking an additional $22 billion in loans to cover their operating costs through the recession.
The federal government has already ponied up $30 billion to help the car companies.