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Pelosi: GM Announcement a Shot in the Arm for Region, Industry

August 19, 2009

Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616

Washington, D.C. - Speaker Nancy Pelosi released the following statement in response to General Motors' announcement that it would boost production and rehire workers at several facilities:

GM's announcement is an urgently-needed shot in the arm for a region and industry bearing the brunt of today's recession. The increased demand for more fuel-efficient cars and trucks created by our Cash for Clunkers initiative means jobs in the auto industry and an important step forward in our economic recovery.

In the wake of better-than-expected job and economic growth numbers last month, this announcement is yet another sign that our recovery efforts are paying dividends for the American people.

There is still much work to do to get our economy back on track. Too many Americans remain on the unemployment lines instead of on the assembly lines. But GM's decision shows we are making progress."