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Burton Blasts Obama Administration For Cutting Non-Union Delphi Worker Pensions
FOR IMMEDIATE RELEASE CONTACT: Joshua Gillespie
June 22, 2011 (317) 848-0201
Burton Blasts Obama Administration For Cutting Non-Union Delphi Worker Pensions
WASHINGTON, D.C. – Rep. Dan Burton (R-IN-05) a senior member on the Oversight and Government Reform Committee issued the following statement regarding today's Regulatory Affairs, Stimulus Oversight and Government Spending Subcommittee hearing on the General Motors bankruptcy and termination of Delphi Corporation's pension plans.
“E-mails uncovered by the Committee, and obtained by the website DailyCaller.com, clearly indicate that the Obama Administration was more deeply involved in the decision-making surrounding the General Motors/Delphi Corporation bankruptcy than previously admitted. These emails also clearly show that the Administration was deliberately trying to influence GM to make the pensions of their union retirees whole but made no attempt to persuade GM to treat Delphi's salaried retirees similarly. What is most frustrating is that this unprecedented decision to protect the pensions of some Americans - whom the Administration viewed as natural political allies - at the expense of other Americans was paid for with taxpayers' dollars.
“I thank Chairman Issa, and Subcommittee Chairman Jordan for holding this hearing. Despite the Administration's attempt to stonewall the investigation by instructing their witness Ron Bloom to simply decline to answer questions about the Delphi pension, I am confident that the Committee will continue to fight to uncover the truth. The salaried retirees have been compelled, not asked but compelled, to bear extra burdens to help restructure the American auto industry. They, along with their families, deserve to know why. I am not going to stop investigating this matter until I get some answers."
Below is testimony from today’s Regulatory Affairs, Stimulus Oversight and Government Spending Subcommittee hearing in which Rep. Burton questions Senior Obama Administration official, Ron Bloom:
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