Rob Portman: “I want to echo the concerns he raised about this not being the more comprehensive approach that is needed. I also want…”

“I want to echo the concerns he raised about this not being the more comprehensive approach that is needed. I also want to thank him for working with me and other Members on both sides of the aisle over the last 3 years in putting together more comprehensive legislation from which this corporate bond rate is taken, and that is the Portman-Cardin legislation my colleague talked about. It did go to the Committee on Ways and Means; it has not come to the floor yet. I do think we will have the opportunity to take up that legislation in the future because it does address not only some of the other issues connected with the defined benefit plans but also defined contribution plans.”