Senators Spar Over Stimulus' $81.2B In Union Pension Aid

Law360 (May 13, 2021, 10:11 PM EDT) -- The Senate Health, Education, Labor and Pensions Committee's first hearing on retirement in eight years saw lawmakers feuding Thursday over Democrats' use of the pandemic stimulus package to send $81.2 billion to indebted union pension plans and weighing whether 401(k) plans do enough to give Americans retirement security.

The $1.9 trillion American Rescue Plan became law over two months ago, passing without Republican support through a process called reconciliation reserved for advancing budget legislation. But the committee's minority leader was still smarting Thursday over Democrats' inclusion of a modified version of the Butch Lewis Act, which will provide direct financial assistance...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!