06/07/2023
https://www.congress.gov...
"Private sponsor of traditional pension plans must fund their plans using an average, high-quality corporate bond rate..."
"I think we put a heck of a burden on the private sector and walked away from it."
"But, by the same token, I know that at some point we run out of the ability to fund all those things."
"I think sometimes we forget, it is not the government that provides one single penny to run this machine."