CONSUMER ASSISTANCE TO RECYCLE AND SAVE ACT -- (House of Representatives - June 09, 2009)
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Ms. PELOSI. I thank the gentlelady for yielding. I commend her for her tremendous leadership in putting together this legislation that we have before us. She, Representative Israel and Representative Inslee all worked very hard to come to a position that we can all support today. Mr. Markey is here of the Select Committee, and of course Mr. Dingell, the Chair Emeritus of the Energy and Commerce Committee. Others, Mr. Braley, Mr. Stupak--well, all of our colleagues have had an important role--Mr. Kildee and our colleagues on the Republican side of the aisle. Hopefully we will have a good, strong bipartisan vote today on this legislation.
Because you all have given us an opportunity to pass legislation that is a benefit to our economy and a benefit to our environment, we can create and save jobs while addressing the air pollution issue, so important to our children's health. We will do this by allowing Americans to trade in their own gas-guzzling vehicles and receive vouchers worth up to $4,500 to help pay for the new, more fuel-efficient cars and trucks.
I will go into some specifics--I know we've heard it over and over again, but this CARS bill is quite a remarkable piece of legislation, and the timing is perfect. And when they trade in these cars, they will strengthen America's auto industry, creating jobs and reducing layoffs, and save more than 250 million gallons of gas. This has been tried and true around the world in recent months with great success. In Germany, for example, it boosted auto sales by 20 percent.
Because this legislation will deliver consumer savings, increase vehicle demand, help save American jobs while cutting greenhouse gas emissions and reducing our dependence on foreign oil, it is supported by a broad coalition. That coalition includes the Big Three automakers, the United Auto Workers, car dealers, business groups such as the National Association of Manufacturers, the Chamber of Commerce, and, in the lead, the Obama administration.
Today, with this legislation, we will ensure a strong American manufacturing base. As much as anything that we can do in terms of addressing the issue of the auto industry in our country, this is a national security issue. The auto industry's success is essential to ensuring that we have a strong manufacturing base. This legislation today will ensure that we have a strong manufacturing base and get more fuel-efficient vehicles on the road, which is essential to our economy, to our national security, and a clean, green future.
I commend my colleagues once again. I commend Congresswoman Sutton for her determination to accelerate the pace of when we would bring this legislation to the floor and urge strong bipartisan support for the bill, which it certainly deserves.