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Posted By populist 7 months, 4 weeks ago in Business & Finance

Chrysler has declared bankruptcy, and General Motors may soon follow. Will taxpayers be expected to cover the costs of the pensions the companies promised their workers? The pension shortfall for GM alone is estimated at $13.5 billion.

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    jordan117 months, 4 weeks ago

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    What are the options for the workers without taxpayer assistance?

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      Justice4All7 months, 3 weeks ago

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      Pensions should be guaranteed by the company with money set aside. That way if they file bankruptcy the employees get paid first instead of the creditors.

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