Sen. Sherrod Brown | Citizens Against Government Waste
The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Sen. Sherrod Brown

The Multiemployer Pensions Crisis Needs Reform, Not a Bailout

A billion-dollar taxpayer bailout of failing multiemployer pensions is on the horizon.

Ten years ago, subprime mortgages went from being a little-known form of lending to the precipitating factor in the international banking crisis that led to the Great Recession. Multiemployer pensions, which have been allowed to systematically underfund plans and make unrealistic assumptions on return rates, now have the potential to cause a similar economic crisis and necessitate another taxpayer bailout.

Drug Price Controls Push Innovation Out of the Picture

As the debate over Speaker Nancy Pelosi’s (D-Calif.) effort to increase government control over drug pricing heats up, a familiar proposal has also drawn scrutiny.

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