Spending Bill Hurts The Poor, Weakens Dems & Does It For $1.1 Trillion

In The Young Turks on YouTube by Hlarson0 Comments

 

“Time running short, Republicans and Democrats agreed Tuesday on a $1.1 trillion spending bill to avoid a government shutdown and delay a politically-charged struggle over President Barack Obama’s new immigration policy until the new year.

In an unexpected move, lawmakers also agreed on legislation expected to be incorporated into the spending measure that will permit a reduction in benefits to current retirees at economically distressed multiemployer pension plans. Supporters said it was part of an effort to prevent a slow-motion collapse of a system that provides retirement income to millions, but critics objected vehemently.

Officials said final details of the sweeping bill to fund the government would be available later Tuesday, after it was posted online.”* The Young Turks Cenk Uygur breaks it down.

*Read more here:
http://www.huffingtonpost.com/2014/12/09/congressional-spending-bill_n_6297970.html

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