Office of Speaker Boehner shared a link.
Speaker Boehner today discussed ways to avert the fiscal cliff without raising tax rates (which will destroy jobs), and the need for both parties to find common ground and take steps together to help our economy grow and create jobs, which is critical to solving our debt. You can read his full remarks here: http://www.speaker.gov/speech/full-text-speaker-boehner-calls-bipartisan-action-avert-fiscal-cliff- Likes
- A Pledge to AmericaGovernment Official
- American Energy InitiativeGovernment Organization
- Tune in to http://speaker.gov/live at 3:30 PM ET today for Speaker John Boehner’s statement on the fiscal cliff. As Speaker Boehner said last night, by renewing a Republican majority in the House the American people have made clear there is no mandate for raising tax rates. What we need are solutions that will ease the burden on small businesses, bring jobs home, and let our economy grow – which is critical to solving our debt. And Republicans are ready to work with any willing partner who shares a commitment to getting these things done.
- “President Obama has spent a lot of time in our state lately talking about the taxpayer-funded corporate bailout of General Motors and Chrysler implemented by his administration. But there’s one part of the bailout he refuses to talk about: the Delphi pension scandal, in which thousands of non-union retirees saw their retirement savings slashed, while the president’s union allies were protected.
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“I am calling on the president to personally order the release of all administration records associated with the decision to slash pensions for non-union auto workers at Delphi during his taxpayer-funded auto bailout. Let me explain why.
“If you live in the Miami Valley or other parts of our country where GM’s Delphi division had a heavy presence, it’s likely you know the basics of this sad story. As part of the president’s 2009 auto bailout, the Obama administration issued a decision that ‘fully funded pensions of auto supplier Delphi's [United Auto Worker] retirees, but left about 22,000 salaried retirees with drastically lower benefits,’ according to the Detroit Free Press.
“For several years now, thousands of non-union workers in Ohio, Michigan, and elsewhere whose pensions were slashed as part of the Obama administration’s auto bailout have been denied their right to know why this decision was made and how it was justified.
“These workers, who are fighting back, formed the Delphi Salaried Retirees Association (DSRA). You can follow them on Twitter at @DelphiPensions, where their objective is stated without ambiguity: ‘To restore the pensions we earned at General Motors and Delphi over decades of effort, but were stolen from us by [President Obama’s] Auto Task Force.’
“‘The double-edged sword was the loss of my retirement benefits at the same time as the downturn in the economy,’ one Springfield homeowner hit by the Delphi debacle recently told the Springfield News Sun.
“In 2010, on behalf of those affected, Sen. Roger Wicker (R-MS) and I asked the non-partisan Government Accountability Office (GAO) to investigate the Delphi pension scandal. The GAO agreed, and issued its first report in early 2011.
“As I noted at that time, the GAO report made it more evident than ever that there was preferential treatment given to the unions at the expense of Delphi retirees. The GAO found that the Obama administration’s union allies were given preferential treatment during the taxpayer-funded bailout, while non-union workers saw their pensions cut by up to 70 percent.
“The critical questions are – and have been – who within the administration authorized this action, and why?
“As part of our new majority in the House, Rep. Mike Turner (R-OH), Ways & Means Committee Chairman Dave Camp (R-MI) and others have kept the heat on regarding the Delphi scandal on behalf of the thousands of retirees who have been impacted. And new information has been uncovered that demands a detailed response from the White House.
“The Treasury Department has maintained for some time that it had no involvement in the decision to terminate the Delphi pensions. But as Chairman Camp noted last week, ‘emails the Committee received show that top officials at Treasury were assessing the ‘politically sensitive’ nature of the Delphi pension terminations and were heavily involved in decisions concerning Delphi pensions.’
“On behalf of those who lost their pensions, congressional investigators have requested documents from the administration that are likely to show the extent of the administration’s involvement in the decision. But those requests have simply been ignored.
“‘Despite repeated assertions that the Obama Administration would be the most transparent in history, Treasury and the White House have continued to stonewall this request,’ said Chairman Camp.
“I agree. Accountability is needed. The administration must end its stonewalling and start turning over all of the information that has been requested. The White House has an obligation to explain its involvement in the pension scandal to Delphi workers, their families, and taxpayers.
“The Delphi pension scandal underscores the danger of government bureaucrats picking winners and losers in the private sector. That’s why my colleagues and I have focused on getting our economy moving by getting government out of the way, and removing barriers that make it harder to create jobs.
“Thousands of auto workers in Ohio, Michigan, and elsewhere deserve to know what role the Obama administration played in cutting their pensions while protecting the president’s union allies. It’s time for the president to start providing some answers.” - Speaker John Boehner
http://www.speaker.gov/general/ boehner-calls-obama-personally- release-info-delphi-pension-sc andal - “Four years of persistently high unemployment and long-term joblessness might be the best President Obama can do – but it’s nowhere near what the American people can do if we get Washington out of their way.
“The consequences of failed ‘stimulus’-style spending, excessive regulations, and the threat of tax hikes are all around us: record debt, higher gas prices, stagnant wages, and an economy tha...t’s far weaker than it should be. The Obama administration predicted the unemployment rate would be below six percent by now. But the president’s policies only made it harder for small businesses to hire, his Democratic-controlled Senate is blocking nearly 40 House-passed jobs bills, and both are threatening to drive us off the ‘fiscal cliff’ in pursuit of tax hikes that would destroy 700,000 jobs.See More
“The American people deserve better. The House has already approved bipartisan legislation to stop all of the tax hikes, replaced the defense ‘sequester,’ and passed straightforward bills cutting red tape and saving programs like Medicare from bankruptcy. We’ve also begun the process of fixing our tax code to help bring jobs home. Now all we need is a partner in the White House who will lead the way on removing barriers to robust job growth – not create new ones.” - Speaker John Boehner
http://www.speaker.gov/press-release/ speaker-boehner-statement-octob er-unemployment-report Office of Speaker Boehner shared a link.
Speaker Boehner sent the following letter to President Obama today asking him to explain to the American people the administration’s response to the terrorist attack in Libya and the fact that publicly-available information has consistently...contradicted administration accounts describing the cause and nature of the attack. See it here: http://www.speaker.gov/press-release/speaker-boehner-president-obama-americans-deserve-answers-libya-terrorist-attacksSee MoreOffice of Speaker Boehner shared a link.
In southwest Ohio yesterday, President Obama once again failed to explain his administration’s role in slashing pensions for thousands of non-union auto workers in the Buckeye State and across the country. The Delphi pension scandal undersc...ores the danger of government officials picking winners and losers in the private sector. And it highlights the importance of the nearly 40 House-passed jobs bills that are focused on helping create new jobs by removing government obstacles (like the president’s small business tax hike and health care law) that make it harder for small businesses to hire new workers. Read more here: http://www.speaker.gov/general/obama-admin-must-answer-delphi-pension-scandalSee MoreOffice of Speaker Boehner shared a link.
President Obama claimed last night that the defense ‘sequester’ “is not something that I've proposed.” But according to Politico, a new book by Bob Woodward documents how the idea for the defense ‘sequester’ “originated in the White House – and not in Congress.” And the only ones taking action to protect our troops by replacing the ‘sequester’ are House Republicans.Office of Speaker Boehner shared a link.
“Here is a simple truth: if we’re going to fix the national debt, we have to have economic growth in America. And we won’t have economic growth if we raise taxes on small businesses, the engine of private sector job creation in our country....See More
“Unfortunately, raising tax rates on small businesses is exactly what some in Washington propose to do on January 1, 2013. That’s the date when the government will arrive at the edge of the so-called ‘fiscal cliff,’ and by law, taxes will automatically increase unless alternative steps are taken to reduce the federal budget deficit.
“My colleagues and I in the House have been focused on this issue for much of the year, and have passed legislation to fight the debt through economic growth, rather than allowing the country to take a plunge off the fiscal cliff.
“Proponents of the looming tax hike don’t call it a tax increase on small business, of course; they frame it as a tax increase on ‘the wealthy.’ But the fact of the matter is it will dramatically impact small businesses in America.
“A study of the looming tax hike conducted by the independent accounting firm Ernst & Young was released in July by the National Federation of Independent Business (NFIB), the nation’s largest small business organization. The study illustrates clearly that the January 1 tax increase favored by President Obama and his allies will significantly impact American small business, costing our economy more than 700,000 jobs.
“Confronted with this fact recently, President Obama – who is leading the charge for the tax increase – declined to challenge the study’s findings. And, ominously, as the January 1 fiscal cliff draws closer, some in the president’s party are digging in. Determined to raise taxes, some Democratic senators are signaling that they’re willing to let the country go off the fiscal cliff if they don’t get their way.
“My colleagues and I call this Democratic strategy ‘Thelma & Louise’ economics. If you saw the movie, you know what we’re talking about.
“Driving off the fiscal cliff would have disastrous effects for our country. The nonpartisan Congressional Budget Office (CBO) says it would send the struggling U.S. economy into recession. And credit agencies such as Moody’s indicate another downgrade of the nation’s credit status is likely if an agreement isn’t reached to steer clear.
“The stance being taken by these Democratic senators is rooted in the flawed belief that our country can spend, tax, and borrow its way out of debt.
“The problem, as the Ernst & Young report illustrates, is that raising taxes on small businesses will destroy jobs and inhibit growth. The only way we can fix the deficit and address the debt is to get the economy moving again, and keep it moving. That requires reform of both the tax code and the way the federal government spends taxpayers’ money. Instead of raising tax rates on small businesses, we need an overhaul of the tax code that supports growth by closing loopholes and lowering taxes instead of raising them.
“Tax reform, done in this manner, will support economic growth and ultimately generate more revenue, which – if accompanied by strict enforcement of the spending caps that were enacted last year – can be used to balance the government’s books. My colleagues and I in the House passed legislation this summer to start the ball rolling on such reform.
“The good news is that there is a foundation of support in both parties for such an approach. Not every Democrat in Washington agrees with the ‘Thelma & Louise’ strategy. In the coming weeks and months, as the fiscal cliff nears, we will learn which faction within the Democratic Party carries the day.”
http://www.speaker.gov/general/boehner-democrats-thelma-louise-tax-hike-threatens-jobs-families- ActivityNovemberPeople Who Like This9
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