Feeling tapped out after stimulus, ObamaCare and everything else? Senator
Bob Casey has one more deal for you. If the Pennsylvania Democrat gets his
way, U.S. taxpayers will also pick up the astonishing tab for poorly managed
union pension plans.

Mr. Casey is gathering support for his curiously named "Create Jobs and Save
Benefits Act," a bailout for union-run retirement plans. Similar to House
legislation from North Dakota Democrat Earl Pomeroy and Ohio Republican
Patrick Tiberi, the bill would transfer tens of billions of dollars worth of
retiree liabilities to the Pension Benefit Guaranty Corporation, i.e., to
taxpayers.

http://online.wsj.com/article/SB1000...180553530.html

Best Regards
Tom.