White House Seeks $2.5 Billion for Delphi Pensions and Penn Station as FAA Reworks $12.5 Billion Plan
Updated
Updated · Devdiscourse · Jun 24
White House Seeks $2.5 Billion for Delphi Pensions and Penn Station as FAA Reworks $12.5 Billion Plan
3 articles · Updated · Devdiscourse · Jun 24
Summary
$2.5 billion in new approvals was sent to Congress, including $1 billion to restore Delphi worker pensions cut during GM's 2009 bankruptcy, $1 billion for New York's Penn Station and $500 million for Washington projects.
The request pairs worker relief with infrastructure spending, while also asking lawmakers to let the FAA shift money within its $12.5 billion air traffic control modernization program.
The pension funding targets former Delphi employees whose benefits were reduced during the 2009 auto-industry restructuring tied to General Motors' bankruptcy.
The broader package shows the White House bundling legacy labor claims with rail, construction and aviation upgrades as it pushes high-priority domestic projects through Congress.