Connecticut Sen. Christopher Dodd said Friday he and Massachusetts Rep. Barney Frank are working on a plan to help the U.S. auto industry survive until the spring, when the Obama administration can tackle the issue.
Dodd said they hope to have the "bridge plan" ready for Congress to consider when they go back to work on Dec. 8.
Dodd spent part of Friday with state people involved in the auto industry. He says the president-elect must become more engaged in finding a solution to Detroit's problems.
Ken Crowley, who owns several Connecticut dealerships, told Dodd there would be a large ripple effect if the automakers shut down. Crowley said he employs 328 people and his dealerships paid over $33 million in taxes last year.