• There's no 'tooth fairy' for pension fund bailout
    May 18, 2016  - Minnesota Republican Rep. John Kline and former California Rep. George Miller, a Democrat, knew there’d be blowback as architects of a controversial 2014 reform allowing failing pension funds to cut accrued benefits. To their credit, the duo plowed forward with the legislation anyway, recognizing t... More
  • Treasury's Teamsters Bailout Ploy
    May 16, 2016  - "In sum, the Obama Administration is flouting a law that President Obama signed in a way that jeopardizes worker pensions while dumping the problem on taxpayers." Congress passed legislation in 2014 to help insolvent multi-employer pension plans save themselves. But now the Obama Administration and... More
  • Kline, Scott Joint Statement on Multiemployer Pensions
    May 6, 2016  - House Education and the Workforce Committee Chairman John Kline (R-MN) and Ranking Member Robert C. “Bobby” Scott (D-VA) issued the following joint statement after the Department of Treasury issued its decision regarding the Central States Pension Fund: A pension crisis has been growing for decades,... More
  • Small Businesses: For the Dreamers, Innovators, and Entrepreneurs
    May 5, 2016  - Innovation and entrepreneurship are at the heart of the American Dream, and small businesses make that dream a reality for so many individuals. As the country’s primary job creators, small businesses employ more than 56 million Americans and play an integral part in the country’s much-needed—albeit ... More
  • The 0.5% Economy
    May 4, 2016  - President Obama spent the past few months taking a victory lap on the economy and trying to convince the American people that the country is on the right track. In fact, the president recently declared the economy is "pretty darn great” and any arguments to the contrary are just “fantasy.” But then ... More
  • House Passes Resolution Protecting Access to Affordable Retirement Advice
    Apr 28, 2016  - House Education and the Workforce Committee Chairman John Kline and Health, Employment, Labor, and Pensions Subcommittee Chairman Phil Roe (R-TN) issued the following statements after the House passed H. J. Res. 88, a resolution that will block the Department of Labor’s misguided “fiduciary” rule an... More
  • Keeping Our Promises to Working Families and Small Businesses
    Apr 28, 2016  - Five years ago, when the Department of Labor first issued an extreme proposal to rewrite the rules governing investment advice, House Republicans made a commitment to workers and small businesses—that we would do everything in our power to protect access to affordable retirement advice. And we’re fo... More
  • Protecting Access to Affordable Retirement Advice - H. J. Res. 88
    Apr 25, 2016  - THE PROBLEM: Far too many men and women will leave the workforce without the financial security they need to retire. Policymakers should be looking for opportunities to make it easier for working families—especially low- and middle-income families—to successfully plan for their retirement years. Th... More
  • Committee Approves Resolution to Stop Fiduciary Rule, Protect Access to Affordable Retirement Advice
    Apr 21, 2016  - The House Education and the Workforce Committee, chaired by Rep. John Kline (R-MN), today approved a resolution (H.J. Res. 88) to block the Department of Labor’s “fiduciary” rule and protect access to affordable retirement advice for low- and middle-income families. The resolution was introduced by ... More
  • Kline Statement on Markup of H.J. Res. 88
    Apr 21, 2016  - Today, the committee will consider H. J. Res. 88, a resolution to block a harmful new regulation that will restrict access to affordable retirement advice. I would like to begin by thanking our colleague, Dr. Roe, for his leadership on this very important issue. Since 2011, he has served as the chai... More