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Pelosi: 'Not Helping The Auto Industry Is Not An Option'


Speaker of the House Nancy Pelosi said Sunday that not helping the faltering auto industry is "not an option."

In an interview on CBS' Face the Nation, Pelosi said Congress is willing to help the Detroit automakers if they layout a thorough plan in the coming days.

"We believe the American people need accountability," Pelosi said. "They need to know what they money is for."

"What we are saying to Detroit should be very good news to them and that is we want to be their partners," Pelosi added.  "To go forward, we have to subject everything to scrutiny because why should the taxpayer dollar be put up to bail out poor performance which is rewarded in the tens of millions of dollars?"

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