Politicians Accelerate Chicago’s Race to Ruin
Chicago's financial crisis deepens due to reckless union-backed legislation increasing pension liabilities, with leaders failing to take corrective action.
Taxpayers to bailout corrupt Big Labor Pension Plans
The Washington Examiner notes Big Labor officials are negotiating with Obama administration officials on a “fix” to spare multi-employer pension plans, which are provided by many unions to their members, from the higher costs they would face under the president’s health care law.
A forthcoming report estimates the cost to taxpayers for that fix at $187 billion over 10 years.
