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Don’t allow cuts to retirees’ pensions to set a precedent.

When Congress attached the Multiemployer Pension Reform Act of 2014 to the omnibus spending bill, they set the stage for severe cuts in the pensions of hundreds of thousands of retirees and set a dangerous precedent for cuts to other programs such as Social Security and Medicare.

At a time when America has a $7.7 trillion retirement savings gap, meaning that more and more future retirees will have a lower standard of living in retirement than their parents, Congress should be expanding, not cutting Americans’ retirement benefits.

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