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Congress moves to save pension payments and aid airlines
Lawmakers seek a Senate bill to reform pension funding rules affecting financially weak firms and to provide relief for airlines and steel makers. The plan faces administration veto threats, while supporters cite underfunded plans and rising exposure as the motive to act.
MENTIONED IN THIS ARTICLE
Congress
Washington
Senate
Legisla
Tion
House
Sen
Ted Kennedy
D-Mass
Pension Benefit Guaranty Corp