Bankrupt state governments and bloated teachers’ unions need their bailout now. Nancy Pelosi tweets this afternoon that she’ll be interrupting the House summer recess to ram the payoffs through. It’s the latest Congressional Job Protection Act.
Via The Hill:
House Speaker Nancy Pelosi (D-Calif.) confirmed on Tuesday through Twitter that the House would reconvene next week to take up a state aid bill.
Pelosi confirmed reports that had spread throughout the afternoon that the House would break its recess schedule to return to Washington and vote on a package to provide $26 billion in aid to states’ Medicaid and education programs.
Pelosi’s office tweeted Tuesday:
Lawmakers would most likely return Monday or Tuesday to vote on the package, which made it through a key procedural vote in the Senate earlier on Tuesday, with 61 senators voting to advance it.
Democratic leaders’ decision to call the House back into session reflects a sense among their leadership that the $26 billion package couldn’t wait until September for final approval.
Adam Bitely at NetRightDaily calculates the true cost of the Big Labor boondoggle:
Just now, the U.S. Senate cleared the way for a $26.1 billion bailout to States. But if you read between the lines on this bailout you will find that at least $40 million will end up in the teachers unions coffers.
How do the teachers unions get the money?
It is very simple. First, inside the $26.1 billion bailout there is $10 billion for public teachers funding. This money is intended to prevent teacher layoffs. Teachers unions have been predicting about 160,000 layoffs, which is just 4.8% of the estimated 3.3 million teachers nationwide.
If you assume that that just half of the teachers that will now not face a layoff due to the bailout are unionized, the money that is used to continue paying them will pass through their paychecks and back into the unions hands in the form of dues. The estimated amount of contributions to state and local unions average about $300 per teacher, as well as $162 for the National Education Association or $190 for the American Federation of Teachers.
When you do the math, 160,000 teachers that won’t face a layoff with at least half of them being unionized and add in the cost of their union dues, the teachers unions will gain at least $40 million.