Congress will vote Thursday on a $1.1 trillion spending plan that includes a provision to help out the Pension Benefit Guaranty Corp. by letting financially ailing multiemployer pension plans cut retiree benefits for the first time in 40 years.
Opponents to the provision were trying to get additional House members to oppose the last-minute 161-page bill, which was attached to the massive spending plan during a lame-duck session of Congress.
The current Congress was scheduled to adjourn Thursday, and the spending bill must be approved in order to keep the government running. There is a possibility that Congress could pass a continuing resolution which would keep the government open until the end of the week, which would give legislators more time for legislative proposals.
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