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September 09, 2010
It’s been more than a year and a half since an “unusual arrangement” gave special treatment to union retirees of bankrupt Delphi Corporation. Still, despite numerous Congressional inquiries, the Obama Administration refuses to answer questions about its role in the process that led government-owned General Motors – the recipient of more than $60 billion in taxpayer bailout funds – to pick up the pensions of union retirees in full while salaried retirees were left to face a loss of hundreds of thousands of dollars in expected benefits.
Congressman Boehner greets members of the Delphi Salaried Retirees Association in his West Chester office. More than 20,000 salaried retirees – including hundreds who call Ohio’s Eighth Congressional District home – have still not received answers from the Obama Administration as to why they were unfairly treated in Delphi’s bankruptcy proceedings. Over the past year and a half, Boehner has helped lead the efforts in Congress to shine a light on the government’s handling of the process. Most recently, Boehner and Senator Roger Wicker (R-Miss.) requested that the independent, non-partisan Government Accountability Office conduct an investigation into the issue. In a statement following the official request, Boehner said the following:
The GAO’s findings are expected sometime at the beginning of the next year. In the meantime, House Republicans are offering a number of common-sense solutions right now to cut down on government meddling in the private sector and help put Americans back to work. These Boehner-backed proposals include a plan to end the bailouts and get the government out of the business of running private business once and for all, and a ‘no-cost jobs plan’ to boost our economy and help manufacturers and small businesses start hiring again. To read more, click here. |