• Sep 27, 2011
The U.S. Senate approved a stop-gap funding measure to stave off a looming government shut down on Monday. At the same time, lawmakers have also managed to keep from cutting a special fund designed to help automakers retool their manufacturing centers for more fuel-efficient models. The Detroit News reports that Republicans in the House of Representatives wanted to cut funding from the Advanced Technology Vehicles Manufacturing Loan Program to free up funds to direct toward the Federal Emergency Management Agency. Last week, FEMA announced that the agency only had enough funds to carry its relief efforts through Friday. The new stop-gap measure funds FEMA along with the rest of the federal government through November 18.

Democrats in Congress want to use federal funds to spur job creation, especially in the green sector, while Republicans argue that federal spending is already out of control and damaging the nation's economy. The two groups have repeatedly locked horns over the national budget in the past few months.

Officially, the Advanced Technology Vehicles Manufacturing Loan Program has saved or created around 40,000 jobs since its creation in 2007. Of the $7.2 billion originally set aside for the fund, around $4 billion remains, according to The Detroit News. The money has been used for projects by both Ford and Nissan.


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  • 20 Comments
      Brandon Bosch
      • 3 Years Ago
      What happened to ford not accepting government money?? (Chaos ensues)
      Jake
      • 3 Years Ago
      Well as long as their putting all that effort into dressing up the Ren Center like a Christmas tree with all the LEDs.
      caddy-v
      • 3 Years Ago
      Great! More money for the likes of Solyndra and the dozens of other green weenie companys that went bellyup with taxpayer money.
      • 3 Years Ago
      [blocked]
        William
        • 3 Years Ago
        Sounds like a purely political argument Laser. Please tell us your political SOLUTION, would you?
        3szoom
        • 3 Years Ago
        WTF are you talking about?
      natron3030
      • 3 Years Ago
      Ford and Nissan are GOOOOBERMENT MOTORS TOO!!! NOW I CAN ONLY BUY DECADES OLD USED AMC VEHICLES!
      whofan
      • 3 Years Ago
      Would all you so called car lovers preferred that the whole American auto industry end up vanishing? I don`t mind my tax dollars supporting American industry and middle class jobs. Ford would have fell too if GM and Chrysler sank. Ford was swimming next to a sinking ship, they would have been pulled under. The Auto bailout was some of the best money our government has spent. Other countrys take care of their own first. We think its ok to give foreign aid but God forbid we take care of ourselves.
      mrokner
      • 3 Years Ago
      Just get rid of everybody in Washington and let Bloomberg run the government.
      jesscott
      • 3 Years Ago
      535 complete and utter morons all in one place. Special that Washington D.C.
      whofan
      • 3 Years Ago
      As long as I don`t have a few million dollars in the bank, I`ll vote Democrat.
      • 3 Years Ago
      [blocked]
      • 3 Years Ago
      [blocked]
      Synthono
      • 3 Years Ago
      Better bring in Rob Lowe.
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