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Taxpayer Dollars Will Be Used For A Pension Bailout

WYPR - 88.1 FM Baltimore | By Anirban Basu
Published January 9, 2020 at 10:56 AM EST
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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. 

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Anirban Basu
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.
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