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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (20916)	1/10/2005 4:52:15 PM
From: mishedlo	Read Replies (1) of 116555

Congress to take up White House pension reform plan Monday, January 10, 2005 6:09:26 PM afxpress.com WASHINGTON (AFX) -- Labor Secretary Elaine Chao said Monday the Bush administration has received commitment from House and Senate leaders to take up pension reform legislation this year. In the House, Rep. John Boehner (R-Ohio) and Rep. Bill Thomas (R-Calif.), chairmen of the House Education and Ways and Means committees, respectively, have said their panels will consider the legislation. Senate Finance Committee Chairman Charles Grassley (R-Ia.), and Senate Health,Education, Labor and Pension Committee Chairman Mike Enzi (R-Wyo.) also said they will examine the issue. The administration unveiled its plan on Monday to shore up funds for the Pension Benefit Guarantee Corporation, which will need Congressional approval.

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