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Politics : View from the Center and Left

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To: Rambi who wrote (581)	6/9/2005 4:26:29 PM
From: TimF	Read Replies (1) of 543997

In particular, any legislation that would place greater funding burdens on companies with "below investment grade" credit ratings could have the perverse effect of forcing us to abandon our plans. I'm not sure what specific changes they are talking about. If they are talking about higher insurance premiums than it will place a burden on them, but it still should be done. The premiums are too low, and the federal requirements on funding are too low, a combination that has and will continue to lead to the taxpayer assuming more and more of the burden. Either raise both, or get the feds out of it completely. Tim

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