Investor’s Business Daily editorial — Big Labor’s Payoff

Unions: Those who give to politicians expect a lot in return. That’s clear from the budget-busting payoffs directed largely at organized labor by Democrats in Congress and the White House.

A bill making its way through the Senate would bail out union pension funds to the tune of $165 billion. The bill’s author, Democratic Sen. Bob Casey of Pennsylvania, wants the public to pay for the gold-plated union retirement benefits that the funds have mismanaged into oblivion.

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