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Transcripts For CSPAN2 Key Capitol Hill Hearings 20131217

Have increased over 100 . Thats a huge tax and i guarantee you that will end some companies willingness to continue pensions. Pensions are voluntary. If the cost to continue them goes up, the companies will r reevaluate. In fact, i can tell you that theyre reevaluating right now. When youre looking at 200 per year per imleerks you hav emploo take a look at how that affects things. Pensions will change drastically because of this agreement. A few of the concerns that i just raised could be addressed. Once again, the majority leader has decided that no amendments will be allowed. They wont be allowed to be offered, they wont be allowed to be voted on. I filed two amendments to the budget deal that are relevant to this discussion. One with senator murphy regarding the need to follow congressional intent and clarify that the funding of the accounting standard setting bodies is not subject to sequestration. Now, we have a system where there are rules set up to have generally accepted counti ....

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