Robert Casey actually said...

"this is not only a matter of fair treatment of all participants in the pre-partitioned plan, but also provides important protections for the PBGC."

"Well, I think the numbers back this up."

"The multiemployer plans to which we have been contributing have suffered significant investment losses."

"We really believe that your proposal will both preserve jobs, preserve retirement security, protect those employers, and, in our view, be less expensive, in the long run, to the PBGC, than if we wait ..."