U.S. Senator Evan Bayh was in southern Indiana Thursday to talk about the economy. Bayh told the breakfast crowd at a diner in Jeffersonville that he supports a federal loan for the Big Three automakers. Bayh says thousands of Hoosiers work for the companies, and thousands more depend on related businesses."One of these parts suppliers I was talking to yesterday, he not only supplies to the one of the Big Three but to Honda or one of the other transplants," says Bayh. "So their supplier network could be jeopardized if you have a collapse of the domestic auto industry.”
Bayh says about 140 thousand jobs in Indiana depend on the Big Three remaining in business. He also said Hoosiers who commute to the Louisville Ford plants are counting on federal assistance to automakers.The Senator further endorsed an infrastructure stimulus package that would put billions of federal dollars toward the repair of roads and public buildings.
