He and other Michigan legislators had urged help for auto industry.
WASHINGTON, D.C. -- U.S. Congressman Bart Stupak on Friday praised President Bush for announcing that he would consider using some of the Wall Street bailout money for the Big Three automakers.
"I am pleased President Bush and Secretary (Henry) Paulson see the urgency of this crisis and have reversed their position on considering the use of money from the Wall Street bailout to provide loans to the automakers, "said Stupak. "It is appropriate to use a small portion of the billions that remain from the Wall Street bailout to save millions of middle class jobs."
The U.S. Senate failed on Thursday to pass a separate financial package to help the ailing auto industry.
"The lame-duck Senate voted against the best interest of American workers," Stupak said.
The House of Representatives, including Stupak, had previously voted 237-170 to give the financial aid to the automakers.
General Motors and Chrysler have said they would likely have to declare bankruptcy if they don't get federal loans.
TV Station Profiles & Public Inspection Files forWLUC