John Kline: “Over the last several years, we have seen a lot of failed policies and broken promises, starting with a so-called…”

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.

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.

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.

Former Chairman John Kline, while recognizing that the overtime threshold should be responsibly reformed, called the administration's drastic move extreme and partisan.