VIDEO: Consider a new stimulus for automakers, Levin says

The Congress and Obama administration should consider a stimulus package to boost automobile sales, Rep. Sander Levin (D-Mich.) argued Tuesday.

After talk of a second stimulus package for the economy by House Speaker Nancy Pelosi (D-Calif.) was quickly clamped down earlier this month, Levin floated the idea of a new package targeted at boosting sales for Detroit’s struggling Big 3, which are looking to the federal government for support.

“The answer is yes, we very much should consider it,” Levin, who represents a southeastern Michigan congressional district, told Fox Business Network.

“We have to make sure, though, that it’s consistent with our international obligations,” Levin added. “I think we can do just that.”

Levin was asked specifically about the so-called “cash-for-clunkers” legislation sponsored by Sen. Diane Feinstein (D-Calif.), which would give consumers a $2,500-4,500 tax credit if they trade in their old car to purchase a new, more fuel-efficient automobile.

Levin also has an added incentive to speak out vocally for the local industry: he will have to fend off state Sen. Mickey Switalski (D) in a 2010 primary before seeking reelection.

Watch a video of the interview below: