Taxpayers deserve to know how the Delphi situation is tied to the larger Federal bailout of GM.
I am dismayed to find now that after 3 years, that the bill we passed actually has propelled us more toward the defined contribution plan ra...
And our attempt is to make sure that the companies are not gaming the system at the same time.
The drafters of ERISA back in the 1970s were careful not to have the PBGC give too generous of benefits in plans taken over by the PBGC.
The challenge that you are going to have is that, once again, it is a paradigm shift that is going to happen through departments and agencie...
These are people that worked hard all their lives.
What kind of precedent is this setting for future pension plans that are taken over by the PBGC, and what does it say about the use of taxpa...
We have been talking about this narrower corridor.
I would challenge the Administration to look throughout the Government at where you could apply these ideas.
I happen to be one who believes strongly in the defined benefit pension program.
Everyone should be able to get the health care coverage they need.