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The bill that would channel billions of dollars to struggling multiemployer pension plans such as the Teamsters plan, has now gained the support of a Republican representative. (Photo: AP)

Rep. Peter King, R-NY, is throwing his support behind the Butch Lewis Act of 2017, a Democrat-sponsored bill that would channel billions of dollars to struggling multiemployer pension plans through the sale of U.S. Treasury bonds.

Nick Thornton

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