President Biden Once Again Saves American Pensions with Debit Ceiling Deal
Representing manufacturing, production, maintenance and sanitation workers in the baking, confectionery, tobacco and grain milling industries.
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01 Jun President Biden Once Again Saves American Pensions with Debit Ceiling Deal

Posted at 17:55h in Biden Administration, Legislative News, President Anthony Shelton by

The BCTGM commends the work of the Biden Administration for standing up to Republicans in Congress and ONCE AGAIN protecting the pensions of America’s workers.

For months, Republicans have held America’s economy hostage in a manufactured debt ceiling crisis, threatening working people with economic catastrophe. Under President Biden’s leadership and bipartisan approach, workers will avoid the loss of funding for pension security that was already approved and signed into law.

“The funding necessary for long-term solvency of our pension benefits is off the Republican chopping block,” states BCTGM International President Anthony Shelton.

The deal reached between President Biden and House Speaker Kevin McCarthy on lifting the debt limit and approving a budget deal will save millions of jobs and stops the devastation of retirement savings, while protecting working people against massive cuts to public safety and education.

“President Biden and his team have worked tirelessly to avoid the worst possible outcomes for workers and their families. This is further proof of President Biden’s unwavering loyalty to America’s workers,” concludes Shelton.

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