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Pennies on the dollar The PBGC estimated that its insurance fund, which now has about $3 billion in reserves, will run out of money in 2026 — around the same time the nation’s second-largest union
However, full expensing starts to phase out in 2023 and ends after 2026. After that, the depreciation schedule reverts to seven years. Very few horses race more than three years, Barr said.
Ford, Honda, BMW and Volkswagen — entered an agreement with California to set a fuel-efficiency standard of 51 miles per gallon on average for the manufacturers’ range of cars and light-duty trucks by 2026