ANOTHER SHOT: Pension package hopes pinned on Bush; Original sponsors plan to introduce new bill in Congress this month.(George W. Bush)(Statistical Data Included)

Pensions & Investments, January, 2001 by Anand, Vineeta

WASHINGTON -- With a Republican checking into the White House next week, pension lobbyists are hoping broad-based pension legislation finally will be enacted this year. The pension package, among the unfinished business of the last Congress, was part of a big tax bill President Clinton vetoed in September 1999.

It passed the House of Representatives by an overwhelming majority last July, and a similar version passed the Senate Finance Committee by a unanimous vote last September, but it died after the full Senate failed to vote on it in the waning days of the 106th Congress. While Mr. Clinton argued that some of the provisions in that pension package might enable higher income earners to save more without providing any incentives to rank-and-file workers to...

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