Labor unions, donors strike health-care deal, receive exemption from ‘Cadallac tax’ with President Obama

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Big Labor got some big love from President Obama and congressional Democrats yesterday after they agreed to exempt union workers from the whopping “Cadillac tax” on high-cost health-care plans until 2018.

The sweetheart deal, hammered out behind closed doors, will save union employees at least $60 billion over the years involved, while others won’t be as lucky – they’ll have to cough up almost $90 billion.

Full story: Unions nab sweetheart health-care deal – NYPOST.com.