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The Gut-Wrenching Truth About Pensions

| Posted in E&W Blog

The Gut-Wrenching Truth About Pensions By Thomas C. Nyhan, executive director and general counsel of the Central States Pension Fund The Star Tribune’s recent article about the Central States Pension Fund’s need to reduce pension benefits to save the fund (“New law threatens to slash pensions,” Dec. 14) curiously leaves out one very important detail about the causes for our severe underfunding. T... Read more »

Bipartisan Members Introduce Legislative Proposals to Protect Working Families Saving for Retirement

| Posted in Press Releases

Republican and Democratic lawmakers introduced today legislative proposals that will ensure retirement advisors serve their clients’ best interests and preserve access to quality financial planning. The proposals reflect a set of bipartisan principles members introduced in response to a Department of Labor regulatory proposal that many fear will reduce access to financial advice for low- and middl... Read more »

Clinton’s Reality Check

| Posted in Left Turns

Republicans have long warned of the harmful consequences of ObamaCare – consequences that include higher costs, less access to trusted health care providers, and fewer full-time jobs. After years of living in denial, it seems some leading Democrats are starting to face reality. At a recent event in Iowa, former Secretary of State Hillary Clinton volunteered one reason for the disturbing trend of p... Read more »

House Passes Bill to Extend Perkins Loan Program

| Posted in Press Releases

House Education and the Workforce Committee Chairman John Kline (R-MN) and Rep. Mike Bishop (R-MI) issued the following statements today after the House passed bipartisan legislation extending the Federal Perkins Loan Program, which expired earlier this year: “I applaud the House and Senate for coming together to support our students. Extending the Perkins Loan program ensures those in severe fina... Read more »

Kline, Bishop Applaud Senate Action to Extend Perkins Loan Program

| Posted in Press Releases

Education and the Workforce Committee Chairman John Kline (R-MN) and Rep. Mike Bishop (R-MI) issued the following statements today after the Senate passed legislation extending for two years the Federal Perkins Loan Program, which expired this fall: “Earlier this year, I was proud to champion legislation in the House extending the Perkins Loan program and providing low-income students the certaint... Read more »

President Signs Bill to Reform K-12 Education

| Posted in Press Releases

House Education and the Workforce Committee Chairman John Kline (R-MN) and Ranking Member Robert C. “Bobby” Scott (D-VA), along with Senate Health, Education, Labor, and Pensions Committee Chairman Lamar Alexander (R-TN) and Ranking Member Patty Murray (D-WA), released the following statements after President Obama signed into law the Every Student Succeeds Act (S. 1177), a bipartisan, bicameral b... Read more »

Witnesses Detail Consequences of Administration’s Regulatory Approach

| Posted in Press Releases

The Subcommittee on Workforce Protections, chaired by Rep. Tim Walberg (R-MI), held a hearing this week to explore how the Obama administration’s unprecedented onslaught of regulations is affecting American workers and job creators. “Federal policies play an important role in ensuring safe and healthy workplaces and protecting the basic rights of hardworking men and women,” Chairman Walberg stated... Read more »

Divide and Conquer

| Posted in Left Turns

If at first you don’t succeed, change the rules and try again. That seems to be the motto adopted by Big Labor in its effort to unionize a Tennessee-based Volkswagen plant. After failing to win an election involving all of the plant’s hourly employees, the United Auto Workers prevailed last week in a vote that included only 164 skilled tradesmen, a fraction of the plant’s 1,400 workers. This ploy ... Read more »

Kline Applauds Senate Passage of K-12 Education Bill

| Posted in Press Releases

House Education and the Workforce Committee Chairman John Kline (R-MN) issued the following statement today after the Senate passed a bipartisan, bicameral bill to replace No Child Left Behind and improve K-12 education: Senators Murray and Alexander are to be commended for their leadership on a vitally important issue. They were the partners we needed in the Senate to get the job done. After year... Read more »

Walberg Statement: Hearing on “How the Administration's Regulatory Onslaught Is Affecting Workers and Job Creators"

| Posted in Committee Statements

The end of the year is an important time to reflect on what has been accomplished and what work remains to be done. As members of the Education and the Workforce Committee, this is especially important as we consider the significant challenges many workers continue to face. Recent months have shown signs of economic improvement and signs of continued concern. Roughly eight million Americans are st... Read more »

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