Money

Taxpayers Spend $86-Billion from the COVID-19″ Rescue” to Union Pension Funds

March 16, 2021 GEG 2

The $1.9-trillion Covid bill contains $86-billion for pension funds. NY Times: “The $86-billion is a taxpayer bailout for about 185 union pension plans that are so close to collapse that without the rescue, more than a million retired truck drivers, retail clerks, builders and others could be forced to forgo retirement income.”