On the recordJuly 24, 2019
Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, this has been edifying. There has been an opportunity here for a full discussion about this impending problem that threatens the Pension Benefit Guaranty Corporation. This is an acknowledgment of the threat that is before us. There is one thing that we have in common today. Nobody doubts the gravity of the situation that is in front of us. Nobody doubts just how serious this is for financial markets going forward if we don't address this issue, given the contagion that I referenced earlier that is likely to occur in other pension plans across the country if we don't address this issue forthwith. When I hear people say we want to do this in a spirit of bipartisanship, when? For 2 years, we talked about this, and finally, there is a plan that the House is about to vote on in the next few minutes. I am ever so hopeful and optimistic that we, in fact, are going to be able to see the opportunity to pass this legislation and get it over to the Senate. Mr. Speaker, I yield back the balance of my time.





