In the News
By: Congressman Mike Turner (R-OH)
President Obama has made reducing the U.S. nuclear deterrent a primary focus of his administration. In 2010, he negotiated a treaty with the Russians that, for the first time in history, required only the United States to reduce its deployed nuclear forces.
He then stated he would immediately seek even further reductions to U.S. nuclear forces. Proposals for those reductions, according to press reports, include going as low as 300 deployed nuclear weapons -- an 80 percent reduction.
"While Delphi pensioners were having their pensions slashed, these guys had apparently ongoing relationships that could absolutely affect the way in which they handled their responsibilities on the Auto Task Force. It's hard to have a fiduciary obligation to the taxpayers, and to pensioners, when you have ongoing questionable ties to your business partners or law firms."- Congressman Mike Turner
Speaking on August 11th to WHIO listeners about my goal of seeing the Moraine GM plant reused, and my meeting on that topic with John Fernandez, Assistant Secretary of Commerce for Economic Development.
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By Matthew Boyle
10:36 AM 08/07/2012
Ohio Republican Rep. Mike Turner told The Daily Caller he thinks President Barack Obama's Treasury Secretary Timothy Geithner is ultimately responsible for the decision that terminated pensions for 20,000 non-union workers at Delphi during the auto bailout.
By Rep. Michael R. Turner
By DANIEL HOWES
July 12, 2012
A House subcommittee investigating how Team Obama decided to foist Delphi Corp.'s salaried pension plan on the Pension Benefit Guaranty Corp. finally got its crack at three former administration officials involved in the decision.
They still won't come clean.
"It's clear from their attitude that they have no interest in telling what happened," U.S. Rep. Michael Turner, R-Ohio, said in an interview Wednesday. "We want to get the pension restored. We believe what they did was wrong and we want to prove it."
Congressman Mike Turner (OH-3) grilled former Auto Task Force officials at the House Oversight and Government Reform's Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs hearing entitled - The Administration's Auto Bailouts and the Delphi Pension Decisions: Who Picked the Winners and Losers? The hearing follows a May 14th letter sent by Turner requesting a hearing with testimony from those who allegedly made the decisions within the Pension Benefit Guarantee Corporation (PBGC) that resulted in approximately 20,000 salaried Delphi retirees from across the country taking a severe cut in their pension benefits.
By Matthew Boyle
President Barack Obama's former auto industry adviser and two former Treasury Department officials cracked at the last minute before a House oversight committee subcommittee hearing and agreed to stop stonewalling an investigation into alleged union favoritism during the administration's General Motors bailout.