On the recordAugust 4, 2022
the men and women at the company Delphi Technologies helped make General Motors the world's largest automaker. Yet those workers lost the retirement they earned through no fault of their own when their company went bankrupt during the great recession. That was a time--some of us were here then; Senator Crapo and I were both here then--when Washington bailed out Wall Street, the people who caused the crisis, but left too many Americans like the Delphi retirees--again, who did nothing wrong--on their own. Now, after years of effort by workers and retirees in Ohio and in other States, it is past time for the U.S. Senate to do its job to restore full retirement benefits for the thousands of Ohioans and tens of thousands nationally of Delphi salaried retirees across the country. I have been fighting for them and urging the Pension Benefit Guaranty Corporation to do the right thing since 2009. I thought we had this problem solved years ago when I blocked President Obama's nominee to head the PBGC, Josh Gotbaum. We hoped that would signal to the President that we were serious: PBGC needed to do the right thing for Delphi workers. Unfortunately, Delphi retirees know what happened: He got the job anyway; they didn't get the help they needed. President Obama didn't do it. The next President, President Trump, promised, went to Youngstown, went to Dayton, promised he would take care of these retirees, and Ohioans voted for him.…





