Brown, Portman try to revive tax credit in Delphi case

Columbus Dispatch

WASHINGTON — Ohio’s two U.S. senators tucked a measure into a tax bill yesterday that would revive a health-care tax credit that helped Delphi salaried retirees whose pensions were cut during the 2008-2009 auto bailout.

Democrat Sherrod Brown and Republican Rob Portman want to extend the Health Coverage Tax Credit, which benefited retirees who lost their health-care coverage when their companies went bankrupt or moved abroad.

Brown said the amendment would help the more than 20,000 Delphi salaried retirees who lost 30 to 70 percent of their pensions in the aftermath of the federal government’s 2009 $50 billion bailout of General Motors.

About 5,000 live in Ohio, Brown said: 2,000 in the Dayton area, 1,500 near Youngstown and 1,500 split between Columbus and Sandusky.

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Brown, Portman try to revive tax credit in Delphi case »