New Pension Bailout? Hang on to your Wallet!
Feeling frustrated after the stimulus and Obama Care? Not sure where your tax dollars are going? In another case of the Government picking winner and losers, taxpayers and business owners should keep a close eye on a new bill that Senator Bob Casey (our very own from Pennsylvania) is suggesting, the “Create Jobs and Save Benefits Act.” The bill would require taxpayers to pick up the tab for poorly managed union pension plans.
by Scott Heintzelman - Scott is a CPA, CMA and CFE living in Pennsylvania. Scott is a partner serving on the executive team at McKonly & Asbury LLP, a regional accounting firm with multiple offices in the Mid-Atlantic. The firm has been an IPA ALL-STAR as well as winning Best Places to Work in Pennsylvania for numerous years.