Year-End Spending Deal Includes Massive Bailout for Bankrupt Mine Workers Union Pensions

Senate Majority Leader Mitch McConnell at the Capitol in Washington on Dec. 17, 2019. SAUL LOEB/AFP via Getty Images

WASHINGTON—Buried in the $1.4 trillion bipartisan budget deal agreed on by congressional leaders and President Donald Trump is a huge taxpayer-funded bailout of the United Mine Workers of America (UMWA) union pension.

Critics say this is the first of many more costly rescues.