Pension plan tax breaks facing challenge
Corporate pension industry lobbyists are bracing for an attack on the tax breaks for pension plans as the White House and federal lawmakers struggle to slash the federal budget deficit
The opening salvo on the retirement plan tax deferrals is expected to come from the White House's National Commission on Fiscal Responsibility and Reform, lobbyists for corporate pension plans said. The bipartisan commission is supposed to issue a report by Dec. 1 on ways to bring the federal budget
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