Biden Announces $36 Billion Bailout for Union Pension Plan

3 min. read President Joe Biden announced Thursday he will pump $36 billion into a union pension plan to prevent drastic benefit cuts for pensioners, just a week after he signed a railroad labor deal opposed by several union organizations. The announcement marks the largest federal award for retiree pensions in history and is funded by Biden’s $1.9 […]

Source: Biden Announces $36 Billion Bailout for Union Pension Plan

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