Bernie Sanders: “Let me just pick up and agree with the gentleman. The CRS did a study on this issue: What would happen to congressional…”

“Let me just pick up and agree with the gentleman. The CRS did a study on this issue: What would happen to congressional pensions if we went the direction of cash balance? Well, among other things, the Speaker of the House would not be too happy about this. His pension went down by 70 percent. So, today, I would ask the opponents of the Miller motion this question: If cash balance plans are so good for American workers, why don't we go first and adopt them here? Well, obviously, that is not going to happen. If it is not good for Members of Congress, it is not a good idea for millions of American workers. Let's support the Miller motion and stand for the rights of millions of American workers today.”