Comparing Automotive and Steel Industry Legacy Cost Issues (CRS Report for Congress)
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| Release Date |
Revised April 6, 2006 |
| Report Number |
RL33169 |
| Report Type |
Report |
| Authors |
Stephen Cooney, Resources, Science, and Industry Division |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
Legacy costs are again a major issue faced by Congress. Legislation in the109th Congress includes bills to reform PBGC, particularly H.R. 2830 and S. 1783;to seek reduced costs through use of information technology (as in S. 1418); and, toallow persons not eligible for Medicare to "buy in" to the program (as proposed inH.R. 2072). S. 2045, introduced on November 17, 2005, proposes federal paymentof 10% of a domestic automotive manufacturer's retiree health care costs, inexchange for increased investment in producing fuel-efficient vehicles.
