Stimulus Package Includes $86 Billion Bailout for Union Pensions

An $86 billion bailout for nearly 200 union pensions was included in the Democrats’ massive stimulus package, which President Joe Biden is expected to sign into law soon.

More than a million unionized truck drivers, retail clerks, construction workers and others would likely miss out on retirement income without the bailout, according to The New York Times. The union bailout, among the $1.9 trillion coronavirus relief package’s provisions unrelated to the pandemic, rescues 185 pension plans across several states.

“There’s more money in this to bailout [sic] union pension funds, than all the money combined for vaccine distribution and testing,” Republican Tennessee Sen. Bill Hagerty tweeted last week.

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Virginia Proposes to Spend Nearly $121 Million in CARES Funding for COVID Vaccinations, Mentions ‘Vaccine Record Cards’

Virginia plans on spending nearly $121 million on CARES funding for COVID-19 vaccine equipment and advertisement. This according to a proposal draft, reportedly submitted to the Centers for Disease Control and Prevention (CDC) last week.

Nearly $6 million will be spent on equipment: over $111 million on administration and staffing and $3 million in a “public education campaign.”

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