Wednesday, August 09, 2006

No Good Deed Unblemished

My Way News - Summary: Pension Bill Aids Certain Cos.:
SPECIAL INTERESTS: Defense contractors, airlines and a food company are among those singled out for special treatment under a massive pension overhaul bill.

A LIFE RAFT: The legislation has the lofty goal of reinforcing the employer-based pension system that is the retirement lifeblood of some 44 million Americans.

HIDDEN HELP: The provisions designed to help specific companies or industries aren't always obvious: Often the obtuse legislative language does not name the targeted benefactor. Some of these companies get special breaks in complying with the laws on pensions.
Did you think this Congress would pass a bill that helped workers without adding loop holes and giveaways for big business? Shame on you.

No comments:


Blog Archive