seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Wednesday, October 6, 2010

WH cut backroom deal to cover union workers’ pensions while shafting non-union workers

Another federal investigation launched into Delphi Disaster

U.S. Senator Roger Wicker (R-Miss.) and U.S. House of Representatives Republican Leader John Boehner (R-Ohio) today thanked the Government Accountability Office (GAO) for agreeing to conduct an independent analysis of the administration’s treatment of union and non-union Delphi retirees. The GAO will coordinate their work with the Inspector General of the Troubled Asset Relief Program, who has also agreed to investigate the matter.

“Americans deserve to know how this administration used taxpayer dollars during the GM bankruptcy proceedings,” said Wicker. “I am glad the GAO has agreed to investigate this important issue so we can determine whether union members received preferential treatment on pension decisions. Delphi workers, retirees, and their families have waited long enough for a resolution to this matter.”



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