Happy to share the following graphic with you.
As the above chart highlights, the recalculation by the CBO of the costs associated with the Butch Lewis Act makes it a clear-cut choice relative to the propping up of the PBGC. Furthermore, the absence of benefit cuts will reduce the likelihood that many of these retirees would need subsequent assistance through some kind of social safety net.
As we’ve discussed many times before, the benefits that these retirees receive are an engine to economic growth throughout the communities in which they live. Cuts to benefits impact more than just the pensioner.