Bill to shield retired miners divides coal-state Republicans
WASHINGTON (AP) — An election-year bill to fulfill a 70-year-old government promise and protect health-care and pension benefits for retired miners is dividing coal-state Republicans, pitting endangered incumbents against GOP leaders wary of bailing out union workers.
[...] account balances have dwindled amid continued layoffs and bankruptcy filings as the coal industry struggles against competition from cheaper natural gas and tightening environmental regulations.
In 1946, President Harry S. Truman brokered an agreement to guarantee miners' lifetime health and retirement benefits, a move that averted a lengthy strike.
Thousands of retired miners and their supporters are expected to gather at the Capitol Thursday to push for the bill, which they describe as a life-saving measure that honors the pact made by the federal government.
McConnell, a staunch defender of his home state's coal industry, blocked the pension measure last year and says he's not going to fast-track a plan that some Republicans warn amounts to a bailout.
"Because if we don't provide for these coal miners now with some sort of an immediate stop-gap measure it's very possible you could see ... taxpayers generally having to step in and do some kind of a bailout" to prevent a collapse of the pension fund.