White House warns would veto weak US pension bill

Newswire

WASHINGTON, Dec 15 (Reuters) - The Bush administration warned on Thursday that Congress must strengthen legislation aimed at overhauling traditional pension funding rules if it wants to avoid a presidential veto. Shortly before the U.S. House of Representatives voted on its version of the pension bill, the White House issued a statement saying it supported passage. But it said that tougher pension funding requirements must be added during negotiations with the Senate on a final version. ...

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