From The Heritage Foundation and The Capitol Research Center:
Labor
The 2010 Union Pension Bailout Bills
by F. Vincent Vernuccio
Capital Research Center
October 28, 2010
Labor Watch
Get ready to give some of your hard-earned cash – again – to the cronies of Congress who are pushing for yet another bailout. Two bills in Congress propose using taxpayer dollars to bailout private union pension funds. If either one becomes law, Congress for the first time will allow the Pension Benefit Guaranty Corporation to use public funds – the money you earn and pay to the government – to shore up horribly mismanaged union pension plans.
URL: www.capitalresearch.org/pubs/pdf/v1288273757.pdf
Here is a link to the report: http://www.insideronline.org/summary.cfm?id=13835
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