http://www.businessinsurance.com/cgi...pl?newsId=6710

It was ratified already. ^^There's a more recent article. I haven't heard anything about a $1b cushion either.

As for auto workers being overpaid, that start looong before the UAW came in. Henry Ford was paying people $5/8hrs when the average worker was making less than half of that. GM and Chrysler raised their wages as well, and the autoworkers have been paid very well since then.