How To Save Auto Industry
Instead of just loaning the Auto Industry money, Congress should look to place a massive long-term purchasing contract with the Big Three Auto Companies. The Federal Government owns tens of thousands of vehicles, and the States and Municipalities own hundreds of thousands of vehicles. Congress should sign a contract with the Automakers to replace the entire Federal Fleet with fuel-efficient hybrids and flex-fuel cars with progressing standards to be met as the vehicles are delivered. A contract to replace all Federal Vehicles over five years with ever-increasing energy efficiency as each year's vehicles are delivered. As part of the Economic Stimulus Package for the States, Congress should give out block grants for all States to replace their fleets with ever-increasing energy-efficient cars and have the States provide grants to the municipalities. There should be one agency to oversee the contracts and ensure that the best price is obtained and that as each year's vehicles are...