Mr. CLARKE of Michigan. Mr. Speaker, today I will introduce the Detroit Growth and Stability Act, which will provide up to $500 million in loans to the city of Detroit.
I am asking this House, this Congress, and this administration to give Detroit, the arsenal of democracy, a second chance--a second chance to build the best products, a second chance to create the best technologies that could be sold worldwide which will create jobs, jobs not only for southeastern Michigan--because our city and our suburbs are linked together--but also jobs throughout this country.
You see, the best way that we can renew America's economy, the most effective way, is to help rebuild Detroit. I urge your support for this important legislation.