Wall Street has declared war on pension plans and it’s getting help from the Democrats in Congress. When Congress passed the budget bill last month, much of the media focused on one part of that bill that allowed big banks to get tax-payer bailouts when they make risky trades.
But there was another part of the bill that was just as dangerous for the American economy and American workers. This would be the Kline-Miller amendment, where both Democrats and Republicans agreed to put pension programs for millions of Americans on the chopping block.
America’s Lawyer, Mike Papantonio, discusses this with attorney Peter Mougey.
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