This just in from Forbes.com–“US House oks billions in pension aid for companies.” The article reports that “the outlook is shaky for the measure in the Senate.”
Also, from the Associated Press via SFGate.com–“Pension bill faces House vote, Senate uncertainties“:
While everyone didn’t get everything they wanted in this bill, I can assure you we’ll all be back again a year from now when we are discussing long-term proposals to reform and strengthen the defined benefit system,” said Rep. John Boehner, R-Ohio.
A press release from the Committee on Education and the Workforce is here.
You can access the text of the Conference Agreement, an outline of the Conference Agreement, and the statement made by the managers, all at the American Benefits Council website here.
(See how Pennsylvania representatives voted for the measure here.)