More Auto Bailout Cash Tucked Inside Obamacare

Conn Carroll / August 25, 2009

The Obama administration’s bailout of General Motors and Chrysler has already reached a staggering $110 billion. But even that is not enough money to undue the damage big labor has done to the industry. Tucked inside H.R. 3200 is yet another $10 billion in bailout cash. The Detroit Free Press reports:

Antilabor forces say it’s welfare for the UAW and Democrats’ union allies. Labor supporters say it falls short of what’s needed as tens of thousands of union members are pushed into early retirement as employers cut back health care coverage.

They’re both talking about a $10-billion provision tucked deep inside thousands of pages of health care overhaul bills that could help the UAW’s retiree health-care plan and other union-backed plans. (more…)