Catherwood LibraryILR School

With the GM job cut announcement coming on the heels of United Airlines' bankruptcy and subsequent court action over pensions, many are beginning to wonder whether the cost of providing healthcare in the United States is forcing businesses to close plants and fail financially. In light of United's pension woes, which follow a path similar to that of Bethleham Steel Corp. in 2001, Congress has begun to look at pension and health care reforms for corporations.