Companion legislation has been introduced in the U.S. Senate toa bill that would prohibit Congress from counting revenues to thePension Benefit Guaranty Corp. withinthe general federal budget.
In April, Rep. James Renacci, R-OH, introduced the PensionBudget and Integrity Act of 2016, which has since garneredconsiderable bipartisan support: 10 Democrats are among the bill’s19 co-sponsors, according to Congress.gov.
Related: Borrowing to fund pensions
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