California doubles down on pension debt — and dares Congress to bail it out

already exists. The House Committee on Education and Workforce, through its Subcommittee on Health, Employment, Labor, and Pensions under Chairman Rick W. Allen, already writes the fiduciary rules that govern every private 401(k) in the country. The Senate’s Health, Education, Labor, and Pensions Committee, chaired by Sen. Bill Cassidy (R-LA), holds continue reading …