Multiemployer pensions got their $86 billion bailout in the covid spending bill. But there were other bailout hopefuls who weren’t so fortunate.
In New York and Illinois, politicians are playing politics with investment funds— and other people’s money.
Florida, Kentucky, Illinois, Massachusetts, and New York: some are improving their pensions, some are worsening their finances.
It’s false advertising, at the least, to spend Covid relief money on multiemployer pension plans, no?
The details of the bailout, such as there are, point to the brokenness of the political system.
A monthly child benefit has interest from the Left and the Right. But it won’t be a game-changer for birthrates.
When the experts can’t agree on — and even inflate — the amount of money needed for an adequate standard of living, that’s a real barrier to Social Security reform.