Michigan Lawmakers Ask Obama for Another $25 Billion
The staunchest U.S. auto industry supporters in Congress on Friday asked President Barack Obama to support another $25 billion in federal loans to help the industry make more fuel efficient cars.
In a letter to Obama on economic stimulus priorities, the Michigan congressional delegation also sought more than $4 billion in grants and loan guarantees for development of advanced batteries and battery systems.
"We are coming to the game late and must build capability quickly to keep up," said the letter signed by both senators, Democrats Carl Levin and Debbie Stabenow, and the state's 15 members of the House of Representatives.
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