I thought Rich Trumka of the AFL-CIO (my union when I was employed) had an ‘in’ with the Obama administration and would work to see that his members (and retirees like me) would have the same benefits as always without higher-than normal increases (there’s always increases every year, but we don’t want to get socked). What gives? This is NOT fair.
The Cliffs Notes version is that the CBO score must have kept coming up over $1 trillion, so to get it under that “magic number” they had to increase a bunch of taxes in the draft, including the luxury tax.