At last the actual language has been released of the backroom, last-minute congressional deal allowing benefits of millions of retired workers to be shredded.
It’s even worse than its critics anticipated.
We’ve tracked this inexcusably hasty, secretive maneuvering during the last week, reporting that it allows extreme, potentially premature cuts in benefits for retirees who are members of multi-employer pension plans. Such plans typically are sponsored jointly by unions and employers in given industries, like trucking. See our posts here and here for more background. Continue reading “Congress’ backroom pension-cutting deal is even worse than expected”

Zero Hedge – by Tyler Durden
Craigslist
Personal Liberty – by Brandon Smith
News 24
Georgi Stankov, December 2, 2014
The New American – by Joe Wolverton, II, J.D.
BBC – by Rory Cellan-Jones
DW Ulsterman
Queens Crap
Yahoo News – by GOSIA WOZNIACKA
End Of The American Dream – by Michael Snyder