Biden releasing nearly $36 billion to aid pensions of union workers

[Lando Lincoln]

Biden releasing nearly $36 billion to aid pensions of union workers
December 8, 2022
AP/CNBC

President Joe Biden on Thursday is announcing the infusion of nearly $36 billion to prevent severe cuts to the retirement incomes of more than 350,000 Teamster workers and retirees across the United States.

The money for the Central States Pension Fund is the largest amount of federal aid provided for a pension plan.

The funds come from the American Rescue Plan, a $1.9 trillion coronavirus relief package signed into law in 2021.

https://www.cnbc.com/2022/12/08/president-biden-releasing-36-billion-to-aid-pensions-of-union-workers.html

[Lando Lincoln]

So, now we get to financially support unions whether we want to or not.