Rogers: Protect Taxpayers Before Assist Wall Street

Press Release

U.S. Rep. Mike Rogers, MI-08, issued the following statement today regarding a proposal for the U.S. government to bailout the struggling credit market:

"Congress should ensure first that taxpayers are protected. High-paid Wall Street executives who created this crisis ought not get golden parachutes while middle class families in Michigan face job losses and high gas and grocery prices. Nobody came to help the domestic auto industry as they shed 350,000 jobs and as Washington, D.C. heaped $80 billion in new regulatory costs on them. My top priority continues to be working to help create jobs in Michigan as we begin to build the next generation of cars and work to lower high gasoline and energy prices."

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