John Kline: “Congress promised to reduce the Federal role and restore local control, and we intend to keep our promise.”

I cannot State emphatically enough that far-reaching reform, fiscal responsibility, and bipartisanship must be the principles that guide us as we work to solve this problem.

Composite plans are not intended to replace defined benefit plans, but are intended to be an alternative to the 401(k) defined contribution plan.

Republicans and Democrats have a history of bipartisan cooperation on this issue.

If Congress does not reform the architecture of the multiemployer pension system, then it won't matter how much money we throw at this problem.