Updated
Updated · Dayton Daily News · Jul 1
House Rules Committee Blocks $1 Billion Delphi Pension Amendment From Defense Bill
Updated
Updated · Dayton Daily News · Jul 1

House Rules Committee Blocks $1 Billion Delphi Pension Amendment From Defense Bill

3 articles · Updated · Dayton Daily News · Jul 1

Summary

  • A House Rules Committee decision left Mike Turner’s amendment to restore Delphi salaried retirees’ pensions out of the defense policy bill, clouding the measure’s path after years of lobbying.
  • Virginia Foxx said a point of order had been raised and the committee does not waive such objections, rejecting Turner’s push to add the provision during a tense exchange.
  • Turner said the amendment had backing from Speaker Mike Johnson, Armed Services Chairman Mike Rogers and President Donald Trump, and he opposed several House procedural votes after it was excluded.
  • The proposal would direct $1 billion to boost pensions cut after Delphi transferred salaried retiree obligations to the Pension Benefit Guaranty Corp. during its 2009 bankruptcy, a fight retirees have waged for 17 years.
  • Even if revived in the House, the pension measure would still need Senate approval and Trump’s signature to become law.

Insights

After a 17-year fight, what is the next move for 21,000 retirees whose pension restoration was just blocked?
Why can a single procedural objection derail a $1 billion pension plan that has White House and congressional leadership support?