On the recordJuly 24, 2019
Mr. Speaker, I yield myself an additional 1 minute. The idea that we are hearing that this has no chance in the Senate, I disagree with that. I disagree with that profoundly. There is an opportunity, once this moves to the Senate, to at least have something to negotiate with, the Butch Lewis Act. And I think that there are men and women, again, in the Senate who are prepared to act on this problem, largely because the contagion from this plan will eventually make its way and leach into the PBGC. The head of the PBGC, while not endorsing this specific plan, said to me: Mr. Chairman, I am glad you are doing what you are doing because you are going to invite further opportunities to address this problem, short of, in the end, having to bail out the PBGC, which will happen if we don't formally address the measure that is in front of us today. Mr. Speaker, I reserve the balance of my time.
