NY Times Editorial on Pension Bill
The New York Times has come down hard on House politicians involved in the passage of the pension bill late last week. In its editorial, the paper points out that the politicians will take credit on the campaign trail for getting the bill passed, when in reality the bill itself is a sham. Here's what the Times said:
As for the House’s pension bill, it is not the overhaul that Congress has long been promising. The promised bill would have meshed House and Senate versions of pension reform into a single bill that would have almost certainly passed each chamber. But the conference was fatally derailed last Thursday when House Republican negotiators, including the majority leader, John Boehner, refused to attend a meeting called by Senate Republicans to settle a few remaining differences. Mr. Boehner and his followers avoided having to vote — and lose — on items that other negotiators wanted in the final bill.
Once they had scuttled the talks, House leaders acted unilaterally, presenting a new pension bill on Friday. They said the new bill contained the provisions that had previously been agreed upon. But that remains to be seen, since the 900-page tome was passed within hours. It will be up to the senators to vet the bill. If they see fit to amend it, the negotiations will have to start all over again.
Click here to read the editorial.