T. A. Gardner
Thread Killer
In 2022, Biden gave the Teamster's union a $36 billion dollar bailout to save their failing pension plan. Just announced is Biden is giving the Teamster's pension plan another $5.7 billion to prop it up some more.
Since when did it become the business of the government to bailout or pour money into private pension plans?
As far as I can tell, Biden's just trying to buy Teamster votes by pouring money into that union's pension plan. Talk about quid pro quo!
Since when did it become the business of the government to bailout or pour money into private pension plans?
Biden’s $36B bailout is largest-ever for a private pension
When President Joe Biden directed $36 billion to a Teamsters pension fund, he said it would prevent drastic cuts in pens
www.politifact.com
White House announces $5.7B to shore up pension fund for New England Teamsters
The New England Teamsters pension fund is getting a major cash infusion from the American Rescue Plan Act to guarantee the retirements of more than 72,000 union members.
www.wmur.com
As far as I can tell, Biden's just trying to buy Teamster votes by pouring money into that union's pension plan. Talk about quid pro quo!