CBO predicts $90 billion price tag for special PBGC financial aid

The Congressional Budget Office (CBO) projects that the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) program will cost $90 billion over the next decade. The projection is contained in a report the CBO sent to Rep. Virginia Foxx (R-NC), a ranking member of the House Education and Labor Committee, and Rep. Jason Smith …

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