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Taxpayer Dollars Will Be Used For A Pension Bailout

During the final days of last year, Congress quietly passed a $1.4 trillion federal spending bill. Among the most newsworthy items, for the first time in 45 years of federal pension law, taxpayer dollars will be used to bail out a fund for workers in the private sector. 

Anirban tells us what that dying pension fund represents. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.