Here’s an idea for a piece of legislation (Miner’s Protection Act) backed by the UMWA: The government should guarantee a private union pension fund when bad policy and management of the fund leaves it insolvent.
It’s a sad story of coal minors being deprived of their rightful pensions, the position that the U.S. Government has guaranteed these pensions (they haven’t), and a claim that the required pension support (~$500,000,000 per year) will not cost the taxpayer a dime (Hah!). Unfortunately, it’s not the whole story. Some very enlightening details are provided by a background piece from the Heritage Foundation.
You should read BOTH of these articles before you formulate a position on this legislation. Then you should call your legislators and demand they stop the madness of the Miner’s Protection Act.