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Retiree Health Care Deal in Detroit? - Automakers May Shift Responsibility Off to Union
The Christian Science Monitor
May 30, 2007
Excerpt: Right now, a growing burden of retiree healthcare costs is one of the biggest challenges facing Ford, General Motors, and a soon-to-be-independent Chrysler.... In this climate, a once-unthinkable idea is being seriously discussed: In effect, spin the healthcare problem off to the labor union. The automakers would each agree to pour billions of dollars into a trust fund to help provide for the retiree insurance.
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