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This is just another Demoncratic buying of votes and money laundering. The unions will keep preaching workers to vote Demoncrat and of course the unions will funnel a portion of that money back in campaign donations.

"ARPA's Special Financial Assistance Program injects $90 billion of taxpayer funds into the federal government's Pension Benefit Guaranty Corporation, which insures private-sector pensions. Prior to the passage of the purported COVID package, the PBGC was set to become insolvent in 2026.
The White House claims the plan will prevent 2 to 3 million workers from having their pension payments cut in retirement, by saving upwards of 200 private-sector union plans that had been in danger of insolvency."

https://www.msn.com/en-us/news..../politics/biden-s-un

Biden’s union pension bailout: What it means, and will it work?
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Biden’s union pension bailout: What it means, and will it work?

President Biden on Wednesday rolled out a new plan for using federal taxpayer dollars to bail out hundreds of union pension plans at risk of insolvency.

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