Not all will agree, but what Congress pulled off in adopting the giant spending bill really was a Christmas miracle.
I'm not talking about all of the special-interest provisions in the CRomnibus package. Texan Ted Cruz, for example, was absolutely right to criticize as "corporate welfare" a provision in the legislation to help promote Las Vegas as a tourist destination. That was just garbage.
And that, I'd bet, is exactly how a lot of union pensioners might describe the provision designed to provide some relief to the embattled Pension Benefit Guaranty Corp.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
