Congress to bail out unions?
Diana Furchtgott-Roth has this post:
No matter that this would increase the federal deficit, putting even more pressure on the American taxpayer and the economy. After the $787 billion "stimulus" plan, the $700 billion Troubled Asset Relief Plan, and the potential $1 trillion health care "reform" plan, what are a few more hundreds of billions of dollars? Who's counting?
Representatives Earl Pomeroy, a North Dakota Democrat, and Patrick Tiberi, an Ohio Republican, have come to the rescue of pension plans with the proposed Preserve Benefits and Jobs Act of 2009. Even though the Pomeroy-Tiberi bill has not yet had a hearing, and has no companion bill in the Senate, the mere introduction of the bill shows how desensitized Congress has become to costly legislation. . . .
Labels: bailout, Unions
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