"Finally, any company receiving a government loan has a responsibility to its employees, retirees and the American taxpayer to manage those funds appropriately. Congress and the Administration have a responsibility to conduct oversight to be sure that funds loaned to any corporation are used properly and effectively to restore the vitality of the American economy and the jobs it creates.
"In summary, we believe that any government funds provided to failing companies must be used as an investment to rebuild our economy and add jobs. However, Congress and the Administration must go beyond this and address the rising cost of health care and the pension needs of all workers and retirees so that Americans can realize the security they earned."
ABOUT AARP
AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 34.5 million readers; AARP Bulletin, the go-to news source for AARP's 40 million members and Americans 50+; AARP Segunda Juventud, the only bilingual U.S. publication dedicated exc
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