Max Baucus: “The language is, if the parameters for the trust fund are enacted--we are only talking tier 2--if they are enacted, the…”

“The language is, if the parameters for the trust fund are enacted--we are only talking tier 2--if they are enacted, the scheduled reductions in taxes that the railroad companies pay would have to go back up if the trust fund investments are not performing well. If, on the other hand, the economy is doing so well that the taxes can go down, under this bill both employee and employer taxes will be reduced.”