Political Quotes

Rob Portman: I think we will have this on a motion to recommit as well, but the point ought to be made and made very clearly that the…

On the recordMay 2, 2001
I think we will have this on a motion to recommit as well, but the point ought to be made and made very clearly that the underlying legislation actually addresses this issue. It actually moves the ball forward. It provides disclosure. It provides notification in the case of cash balance conversions. It also, as compared to last year, actually deals with the issue of early retirement, so it not only is an improvement from current law, it is an improvement from last year's bill, partly because of the comments that were made to me by the gentleman from Minnesota (Mr. Gutknecht), the gentleman from Vermont (Mr. Sanders), and others. So we do address the issue, and we do it in a responsible way.
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Rob Portman
Republican · Ohio

Editor's note · Context

Responding to concerns about legislation related to cash balance conversions and early retirement.

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