Tuesday, March 9, 2021

Covid Stimulus - Union Pension Bailout $1.9T

 Covid Stimulus - Union Pension Bailout


More Money in Stimulus Bill for Pension Bailouts 'Than All the Money Combined' for Vaccines, Congressman Says


Unions are getting a free pass after mismanaging their multi-employer pensions for decades. In a provision not well-publicized before the stimulus bill narrowly passed by the Senate with only Democrat support, $86 billion dollars will be directed to at least185 multi-employer union pension plans that are close to collapse. According to the New York Times:

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