Friday, May 28, 2010

Now a Bailout of Union Pensions

A Democratic senator Bob Casey is introducing legislation for a bailout of troubled union pension funds, FOX reports.

If passed, the bill could result in another $165 billion in liabilities for the U.S.government for starters. although the full cost of such a bill is unknown at present

The bill would put the government's Pension Benefit Guarantee Corporation as backing for the pensions
for union workers.

No comments:

Post a Comment