US pension talks break up, Democrats reject offer


WASHINGTON, March 26 (Reuters) - Talks between the U.S. House and Senate on legislation to aid struggling pension plans broke up without agreement on Friday after Democrats rejected a Republican proposal for relief to multi-employer plans. U.S. Rep. John Boehner, an Ohio Republican, said the Republican offer would have targeted relief to the bottom 20 percent of multi-employer pension plans in terms of their investment losses in 2002. "I think these negotiations are in serious danger," ...

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