I would ask the gentleman to tell me, if your bill became law tomorrow, if an employee had stock in a 401(k) plan that was employer-matched, how many years would the employee have to wait before they could sell the stock?
Questioning the implications of a proposed bill regarding 401(k) plans.
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I understand this is a conceptual proposal, but we don't legislate concepts; we legislate statutes and they have real impact on real people.
I think it is the worst-case scenario, in which our relations with the PRC would turn quite frigid.
The best scenario of the four is the status quo, which is grim. The other three compete in terms of their grimness.
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