Without international participation, jobs and emissions will simply shift overseas to countries that require few, if any, environmental protections, harming the global environment as well as the U.S. economy.
Fred UptonI do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really a choice between bankruptcy and liquidation. There was no one that was willing to come up not only with the cash to keep them afloat but also to serve the warranties of everyone, you and I that drive all these cars. There was no one that could have picked up those pieces other than the federal government. [The auto bailout was] bipartisan from the get-go. [Without it,] Michigan would have hit 40 percent unemployment rates.
Fred UptonIt's critical - that the people that are benefiting today from Medicare and Social Security that they not see benefit reductions. It's awfully hard to tell someone who might be 82, that they've gotta go back to work, because their benefits are gonna be chopped. That's not gonna happen.
Fred Upton