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Sen. Robert Casey (D., Pa.) and Rep. Earl Pomeroy (D., N.D.) are pushing legislation that would commit taxpayers dollars to bailing out the Teamsters retirement pension fund. The financial crisis and the Great Recession may have upset your retirement plans, but thats not reason that politically connected union thugs have to share the pain.
Bobby Bailout: Casey to Put Taxpayers on Hook for Teamsters? Shenanigans - Exchequer - National Review Online
So it would be covered by the PBGC who is already $20b in the red. So not only are we on the hook for the teamsters but also all other guaranteed pensions?