12/8/2022, 8:29 PM (Source: TeleTrader)
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Biden: $36 billion will prevent pension cuts

United States President Joe Biden noted on Thursday that the government will allocate $36 billion to prevent scheduled pension cuts.

The package will cover over 1,000 employers and 350,000 union workers and retirees, he specified in a White House speech.

The latest announcement is a part of his administration's plan to build the economy "from the bottom up and middle out," according to Biden.

Baha Breaking News (BBN) / MS