WASHINGTON – U.S. Senator Jeff Bingaman today released the following statement about the failure of the Senate to approve legislation to help the U.S. auto industry weather the nation's economic crisis:
"I'm disappointed that this bill died in the Senate. It's my hope now that the Bush administration will consider using a fraction of the funding set aside to stabilize financial markets to preserve this important American industry."
Bingaman voted Thursday to invoke cloture on a House-passed auto bill; that measure failed in a late night vote.
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