Biden Flip Flops on Slashed Pensions for Delphi Workers from Auto Bailout
Democrat presidential candidate Joe Biden is speaking up 11 years after 20,000 non-unionized Delphi workers had their earned pensions gutted via the Obama administration’s taxpayer-funded auto bailout of General Motors (GM).
In 2009, as part of the Obama-Biden administration’s taxpayer-funded bailout of General Motors (GM), the Pension Benefit Guaranty Corporation (PBGC) terminated the pension plans of about 20,0000 non-unionized Delphi workers. In some cases, workers had their pensions gutted by 30 to 70 percent.
https://www.breitbart.com/politics/2020/10/02/joe-biden-flip-flops-on-slashed-pensions-for-delphi-workers-from-auto-bailout/