
Does anyone really think he won’t do it?
Via Washington Examiner:
Big Labor officials are negotiating with Obama administration officials on a “fix” to spare multi-employer pension plans, which are provided by many unions to their members, from the higher costs they would face under the president’s health care law.
A forthcoming report estimates the cost to taxpayers for that fix at $187 billion over 10 years.
Multi-employer plans — also known as “Taft-Hartley” plans — are ineligible for federal subsidies under Obamacare. This has many unions worried, since it will raise the cost of the plans, pushing employers to either limit coverage or pull out altogether. Some are already moving in that direction.
Labor leaders have furiously lobbied Obama and congressional leaders to extend subsidies to the plans, but — so far — the administration has not moved.
HT: Mike
