I thank the gentleman for offering this amendment. Mr. Chairman, the gentleman is expressing a concern here of parents, not of schoolteachers and principals who want to put together field trips. There is a great deal of anxiety on the part of some parents, and this is giving them some power. I support the gentleman's amendment, and I encourage my colleagues to support it.
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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.
Workers and retirees must have peace of mind when it comes to their hard-earned retirement benefits.
Thank you, Mr. Chairman. I thank the witnesses for being with us today. Excellent testimony, as we're trying to solve the problem that some of us have been dealing with for a long time.
We owe it to them to set aside our political differences and come to the table to find a bipartisan solution that secures their future.
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