Wednesday, May 19, 2010

Union Pension Bailouts are Coming

Just when you thought that Congress might have run out of bailout ideas for politically-favored groups along comes Senator Robert Casey’s (D-PA) bill to bailout union pension funds.

Operating under the benign sounding title, “Create Jobs and Save Benefits Act of 2010”, Casey’s bill is actually nothing more than a transfer of approximately $165 billion in Big Labor’s pension debt over to the U.S. taxpayer.

Technorati Tags: , , , ,