UAW chief disputes Romney's auto bailout claims
Tuesday, May 8, 2012
DETROIT (AP) — The head of the United Auto Workers union is disputing presumptive Republican presidential nominee Mitt Romney's claim that he deserves credit for saving Detroit's automakers.
UAW President Bob King said in a statement released Tuesday by the Democratic National Committee that Romney had been opposed to government loans approved for the car companies by President Barack Obama.
King says the credit should go to Obama and Democrats in Congress.
Romney told a Cleveland television station Monday that he will "take a lot of credit" for the auto industry's comeback and that Obama followed his lead when he ushered auto companies through a managed bankruptcy soon after taking office.
General Motors and Chrysler went into bankruptcy and emerged more stable on the strength of a billion-dollar bailout that Romney opposed.
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