WASHINGTON -- The Senate Finance Committee approved legislation that would pare the pension-funding break American Airlines gained this year, setting the stage for a high-power Senate fight.
The bill, approved 15-6 Friday, wouldn't repeal the pension-funding break but would substantially curb its value for companies with employees still accruing pension benefits. But it must survive a fight pitting Senate Finance Chairman Max Baucus (D., Mont.) and his ally, Senate Minority ...
The bill, approved 15-6 Friday, wouldn't repeal the pension-funding break but would substantially curb its value for companies with employees still accruing pension benefits. But it must survive a fight pitting Senate Finance Chairman Max Baucus (D., Mont.) and his ally, Senate Minority ...