Pelosi Goes Wild : She wants private union pensions guaranteed by taxpayers, along with a long wish list
Everyone in Washington is trying to cash in on coronavirus.
(From The Center Square)
“The bailout-without-reform plan would do nothing to fix the underlying problems and would instead incentivize union pension plans to become more underfunded so they could receive taxpayer funds,” Rachel Greszler, research fellow in Economics, Budget and Entitlements at the Heritage Foundation, argued after the HR 397 was passed last year.
“Risking taxpayer money in the stock market and making loans to insolvent pension plans is no solution,” she added.