Political Quotes

“Mr. President, I thank my colleague from Ohio, Senator Brown, and I thank him for working with us on this bipartisan legislation that impacts thousands of retirees in our home State of Ohio. In the summer of 2009, as the Federal Government took General Motors into bankruptcy, the Obama administration terminated the pension plans covering thousands of Delphi workers. While union employees were protected, these 20,000 salaried retirees, ranging from shop floor supervisors and salespeople to engineers, office managers, were left out. They had spent many years working at Delphi, a major employer and economic engine in Dayton, OH, in Youngstown, OH, and in Sandusky, OH. These people had followed the rules. They had earned their pensions the American way, through hard work and dedication and contribution. But instead of honoring the promises that had been made to these salaried, middle income employees after 30, 40 years of service, the administration terminated their pensions. People who had worked hard their entire lives and played by the rules saw benefits cut by as much as 70 percent. It is just not fair and no fault of their own, and it has devastated some of them, particularly those who have healthcare issues in their later years, who have not been able to lead the standard of living that they assumed they would, based on the pensions they had. So it is about fairness, and it is very simple.…”