S.Res. 175Senate111th Congress (2009-2011)In Committee

A resolution expressing the sense of the Senate that the Federal Government is a reluctant shareholder in the ownership of General Motors and Chrysler.

Sponsored by Ben NelsonSen. Ben Nelson (D-NE)
Introduced June 9, 2009

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6386)

June 9, 2009

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SenateIntro Referral

Introduced in Senate

June 9, 2009

SenateIntro Referral

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6386)

June 9, 2009

Floor Debate

24 members

What members said about S.Res. 175 on the floor

10 Republicans14 Democrats
John McCain
Sen. John McCainR-AZ · Jul 8, 2009

Will the Senator yield for a question? It is my understanding that the Senate bill the Senator has described directs half of the emergency operations funds to only 10 States, and there are 50 States…

Patty Murray
Sen. Patty MurrayD-WA · Jul 8, 2009

I yield my time to the Senator from Ohio, Senator Voinovich. Mr. President, I move to reconsider the vote and to lay that motion upon the table. The motion to lay upon the table was agreed to. Mr.…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Jul 8, 2009

Madam President, we are going to vote, I understand, shortly. It is an important discussion. I am glad we had a little exchange about it. I first want to respond about what the Senator from New…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · Jul 8, 2009

Mr. President, I ask unanimous consent that the pending amendment be temporarily set aside, and I call up amendment No. 1428. Mr. President, I ask unanimous consent that reading of the amendment be…

Jon Tester
Sen. Jon TesterD-MT · Jul 8, 2009

Mr. President, I rise to speak in opposition to the Feingold-McCain amendment. I do not believe this amendment serves the country well as far as it applies to the reality of public safety in rural…

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Jeff Merkley
Sen. Jeff MerkleyD-OR · Jul 8, 2009

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I ask unanimous consent to speak as in morning business. Mr. President, today, colleagues, I…

Jon Kyl
Sen. Jon KylR-AZ · Jul 8, 2009

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I believe there is an amendment pending. If I am correct in that, I ask unanimous consent to lay…

Susan M. Collins
Sen. Susan M. CollinsR-ME · Jul 8, 2009

Mr. President, I rise in opposition to the amendment offered by the Senator from Arizona. Let me start with some background on the Loran system since it may not be familiar to many of our colleagues.…

Jeff Sessions
Sen. Jeff SessionsR-AL · Jul 8, 2009

Mr. President, recently the Bureau of Labor Statistics reported that the unemployment rate in June of this year had jumped to 9.5 percent; 467,000 jobs were lost in June alone. This is the highest…

Byron L. Dorgan
Sen. Byron L. DorganD-ND · Jul 8, 2009

Madam President, I ask unanimous consent that the order for the quorum call be rescinded. I ask unanimous consent to speak as in morning business for 10 minutes. Madam President, this morning the New…

Frank R. Lautenberg
Sen. Frank R. LautenbergD-NJ · Jul 8, 2009

Madam President, I ask unanimous consent that the order for the quorum call be rescinded. Madam President, I rise today because there is a reckless amendment on the floor of the Senate to strip this…

Mark L. Pryor
Sen. Mark L. PryorD-AR · Jul 8, 2009

Madam President, I ask unanimous consent the order for the quorum call be rescinded. Madam President, I rise today to speak about the fiscal year 2010 Homeland Security Appropriations bill and a…

Charles E. Schumer
Sen. Charles E. SchumerD-NY · Jul 8, 2009

Mr. President, today, I rise asking my colleagues to table the pending amendment filed by my distinguished colleague from Alabama to the Department of Homeland Security appropriations bill. His…

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Kirsten E. Gillibrand
Rep. Kirsten E. GillibrandD-NY-20 · Jul 8, 2009

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I rise today in defense of the $1 million that was allocated in this bill for an emergency…

Jack Reed
Sen. Jack ReedD-RI · Jul 8, 2009

Madam President, I ask unanimous consent that the order for the quorum call be rescinded. Madam President, I rise to oppose the amendment that is currently before us, which would eliminate funding…

David Vitter
Sen. David VitterR-LA · Jul 8, 2009

I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I call up Vitter amendment No. 1375. I ask unanimous consent that reading of the amendment be dispensed with.…

Jim DeMint
Sen. Jim DeMintR-SC · Jul 8, 2009

Mr. President, I wish to speak briefly about an amendment that will be up second, I believe, this morning. It is about our southern border in this United States. I think we have made some…

Claire McCaskill
Sen. Claire McCaskillD-MO · Jul 8, 2009

I listened with interest to the questions and the conversations concerning Senator Feingold's amendment. I rise to strongly support this amendment. You know, one of the fantasies around here--and I…

Tom Coburn
Sen. Tom CoburnR-OK · Jul 8, 2009

Mr. President, the problem with this is the earmarks. It is not that New York may not need this. It is that you have taken 50 percent of the money for 10 States. The other 40 States will have to…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Jul 8, 2009

Mr. President, I rise today to speak in opposition to the Feingold amendment, No. 1402, which the Senate will vote on shortly. This amendment would restrict Congress's ability to direct spending to…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Jul 8, 2009

I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I ask unanimous consent to set aside the pending amendment so I may offer an amendment. Mr. President, I call…

Sheldon Whitehouse
Sen. Sheldon WhitehouseD-RI · Jul 8, 2009

Mr. President, I speak today about the importance of retaining funding for the Providence Emergency Operations Center in the fiscal year 2010 Department of Homeland Security Appropriations Act. The…

Lamar Alexander
Sen. Lamar AlexanderR-TN · Jul 8, 2009

Mr. President, I ask unanimous consent if I might have 30 seconds before the vote to make a request? Mr. President, I thank the Senator from Washington. I am here because the Senator from Nebraska…

Kent Conrad
Sen. Kent ConradD-ND · Jul 8, 2009

Mr. President, I rise to offer for the record, the Budget Committee's official scoring of S. 1298, the Department of Homeland Security Appropriations Act for fiscal year 2010. The bill, as reported…

Bill Text

Latest available legislative text

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Introduced in SenateIssued June 9, 2009

III

111th CONGRESS

1st Session

S. RES. 175

IN THE SENATE OF THE UNITED STATES

June 9, 2009

Mr. Nelson of Nebraska submitted the following resolution; which was referred to the Committee on Banking, Housing, and Urban Affairs

RESOLUTION

Expressing the sense of the Senate that the Federal Government is a reluctant shareholder in the ownership of General Motors and Chrysler.

Whereas the United States is facing a deep economic crisis that has caused millions of American workers to lose their jobs;

Whereas the collapse of the American automotive industry would have dealt a devastating blow to an already perilous economy;

Whereas the Federal Government, under President George W. Bush and President Barack Obama, intervened in the American automotive industry in order to prevent additional job losses in the industry that would have resulted in a ripple effect across the entire economy;

Whereas any investment of taxpayer dollars in the American automotive industry should be temporary;

Whereas the Federal Government is a reluctant shareholder in General Motors Corporation and Chrysler Motors LLC, as any involvement is only to protect the investment of taxpayer dollars;

Whereas the Federal Government, as the primary shareholder, will not be involved in the day-to-day management of General Motors; and

Whereas the Federal Government shall closely monitor General Motors and Chrysler to ensure that they are being responsible stewards of taxpayer dollars and are taking all possible steps to expeditiously return to solvency: Now, therefore, be it

That it is the sense of the Senate that—

(1)

the Federal Government is only a temporary stakeholder in the American automotive industry and should take all possible steps to protect American taxpayer dollars and divest its ownership interests in such companies as expeditiously as possible; and

(2)

the Comptroller General of the United States should conduct a study to determine the period of time it may take General Motors and Chrysler to return to solvency and for the Federal Government to complete divestiture.