CSPAN Key Capitol Hill Hearings July 30, 2014
An amendment to improve it. What it does is take owl all the pension smoothing that is unfortunately in the finance Committee Bill i thank them for doing their work but it has 2. 9 billion worth of pension smoothing, which again is a gimmick. In other words, it moves revenues up. It weakens, by the way, our Pension System in our country. Youall know all that. It weakens our Pension System. It moves money into this decade but from then on it loses even more money. Its absolute no offense to those who put it in place its generational theft. So what this amendment does is to take pension smoothin...