Posts tagged American Rescue Act

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    U.S. Taxpayers To Bail Out Failing Musicians’ Union Pension Fund With $1.5 Billion, PBGC Announces

    July 15, 2024 // “As of July 15, 2024, PBGC has announced approval of about $61.9 billion in SFA to plans that cover about 1,076,000 workers, retirees, and beneficiaries,” the PBGC stated in its announcement. In June, Democrats stated they planned to use the taxpayer-funded pension bailout scheme to rally union voters in the upcoming November general elections.

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    2021 was a year of labor action—but it didn’t translate into more unionized workers

    January 20, 2022 // Despite high levels of union activity and public favorability, the number of workers in unions fell in 2021

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