Dole's October Surprise - Raiding Pensions
Clinton/Gore '96




FOR IMMEDIATE RELEASE
October 19, 1996

STATEMENT OF JOE LOCKHART
NATIONAL PRESS SECRETARY

Today is yet another anniversary of Bob Dole�s votes against America�s working families. October 19, 1995, Bob Dole voted in committee to allow employers to raid their employees� pension funds. Then, Bob Dole voted against requiring companies to include in their taxable income any of the pension fund they took out of the employee plan. [Senate Committee on Finance, Senate vote #8349, 10/19/95; Senate Committee on Finance, Senate vote #8336, 10/19/95] One month later, Dole voted for the Dole-Gingrich budget which would have allowed companies to take $15 billion out of pension funds -- affecting nearly 4 million workers. [Congressional Quarterly, 11/25/95, p.3613, vote #584, 11/17/95; PBGC Facts Sheet, 4/96]

Bob Dole says he "understands the problems" of working America. Doesn�t he believe Americans need the security of their pensions? Doesn�t Bob Dole recognize employees� rights as an issue? Well, Bob Dole�s "word is his bond" and his vote is his record. Bob Dole�s record does not support working Americans.

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Paid for by Clinton/Gore ’96 General Election Committee, Inc.