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Covid bill checks off long list of Democratic goals; too many, Republicans say

Covid bill checks off long list of Democratic goals; too many, Republicans say
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Congress rescues troubled multiemployer pension plans like Central States

It looks like Congress has finally come to the rescue of troubled pension plans that provide benefits to more than 1 million truck drivers, grocery store workers, construction workers and other union jobs.
The $1.9 trillion American Rescue Plan is best known for sending $1,400 checks to most Americans and extending unemployment benefits to millions of workers hurt by the pandemic.
After a decade-long wait, it s also bailing out some multiemployer pension plans, which are pension plans operated jointly by unions and employers.
There are about 1,400 such plans in the U.S. Most are in good shape, but about 130 covering more than 1 million workers are in trouble, according to the Washington, D.C.-based Pension Rights Center. ....

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COVID bill checks off long list of major Democratic goals

WASHINGTON
Republicans call the massive COVID-19 relief package making its way through Congress a “liberal wish list.” Increasingly, Democratic lawmakers and the Biden administration have chosen to own that.
One measure of the bill’s sweep is a host of provisions Democrats have long sought on topics including health insurance premiums, child care and pensions that would amount to major pieces of legislation on their own. As part of the nearly $1.9-trillion package, however, they’ve gotten little public attention, overshadowed by debate over who should receive $1,400 direct payments and whether the bill should increase the minimum wage.
For weeks as the bill moved through Congress, administration officials emphasized President Biden’s openness to bipartisan negotiations. Now, with the measure’s congressional journey almost finished the House is expected to vote on final passage Wednesday the White House’s tone has shifted. Officials are more w ....

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Relief bill has $86B for failing pensions

Relief bill has $86B for failing pensions
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Senate Returns Virus Relief Bill To House With Tax Changes

Senate Returns Virus Relief Bill To House With Tax Changes
By
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