{ NOT AN OFFICIAL TRANSCRIPT OF THE SENATE PROCEEDINGS.}
"THESE CRUEL ENEMIES WE DARE NOT SHOW EVEN ONE PERCENT" -- AND
THEY DIDN'T. TRUE TO HIS WORD. NINE YEARS LATER, JIANG IS
PRESIDENT OF CHINA AND STUDENTS THAT HE CALLED THE CRUEL
ENEMIES, MANY REMAIN IN PRISON, THOSE THOSE WHO SURVIVED. AND
JIANG, TRUE TO HIS WORD, SHOWED NOT ONE PERCENT OF FORGIVENESS.
HE HAS NEVER APOLOGIZED. HE'S NEVER ACKNOWLEDGED THE CRURXLE
INHUMANE AND BARBARIC RESPONSE OF THE GOVERNMENT AT TIANANMEN
{13:15:37} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
SQUARE. THE CHINESE GOVERNMENT HAS NEVER INVESTIGATED --
THEY'VE NEVER EVEN INVESTIGATED -- THIS TRAGIC INCIDENT. OF
THIS EA ONLY DEFENDED THE CRACKDOWN AND THE KILLING OF HUNDREDS
OF STUDENTS AS AN APPROPRIATE RESPONSE TO PEACEFUL DESCENT. SO
THIS MAN JIANG ZEMIN WILL BE THE LEADER GREETING OUR PRESIDENT,
THIS MAN WHO DECLARED "NOT ONE PERCENT OF FORGIVENESS." AND
MORE RECENTLY, LEST YOU THINK YOU MAY HAVE CHANGED HIS MIND AND
CHANGED HIS AT TUNED AND LEST WE ARE UNDER THE MIS
MISIMPRESSION THAT SLID THE GOVERNMENT OF THE CHINA HAS GROWN
{13:16:11} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
COMPASSIONATE AND THAT IN THE WORDS OF PRESIDENT CLIN THAN THAT
THEY NOW ARE BECOME A THRIVING DEMOCRACY, LEST WE THINK THAT,
PRESIDENT JIANG WHEN ASKED BY BARBARA WALTERS HOW HE LOOKED
BACK ON THE EVENTS OF 1989, EPLIED, "IT'S MUCH ADO ABOUT
NOTHING. ". SO ON THIS ANNIVERSARY OF THE TIANANMEN MASSACRE,
WE ALL NEED TO REMIND THE WORLD, WE WILL NOT FORGET AND WE WILL
NOT ALLOW THE COURAGEOUS SACRIFICE OF THOSE HUNDREDS STUDENTS
{13:16:43} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
AT TIANANMEN SQUARE TO BE DEMEANED, TO BE DISRESPECTED, AND TO
BE DEVALUED. "THE WASHINGTON POST" IN AN EDITORIAL TODAY
ENTITLED "CHINA
"CHINA: TWO VIEWS" SPEAKS AFTER VIEW THAT I WOULD SHARE, WHAT
THEY CALL A STRIKINGLY DIFFERENT VIEW FROM INSIDE CHINA, FROM
SOMEONE WITH PRETTY FAIR CREDENTIALS, THEY WRITE, PRETTY FAIR
CREDENTIALS TO JUDGE CHINA'S PROGRESS, X XIAO TENG, HE WAS
{13:17:19} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
JAILED IN 1989. WHY WAS HE JAILED BY THE BAY?
HE WAS JAILED BECAUSE HE OPPOSED THE CRACKDOWN AGAINST
PROTESTING STUDENTS IN TIANANMEN SQUARE. MR. BAO SPENT SEVEN
YEARS IN PRISON. HE NOW LIVES UNDER HOUSE ARREST BUT RECENTLY
GAVE AN INTERVIEW TO THE "POST'S "" ""JOURNALISTS. HE
CHALLENGED THE NOTION THAT ECONOMIC STRENGTH IN THE ABSENCE OF
{13:17:51} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
REAL DEMOCRATIZATION WILL MAKE CHINA MORE BENIGN. LET ME REPEAT
WHAT HE CHALLENGED BECAUSE IT IS THE VERY THESIS ESPOUSED BY
THOSE WHO SAY CONSTRUCTIVE ENGAGEMENT IS GOING TO BRING ABOUT
CHANGE IN CHINA. THIS IS THE VERY THEERRY ESPOUSED BY THOSE WHO
SAY WE'LL JUST TRADE SUFFICIENTLY, IF WE'LL INCREASE TRADE AND
DO ENOUGH INCREASED COMMERCE WITH CHINA, THEN EVERYTHING WILL
BE BETTER. SO HE CHALLENGED THE NOTION THAT ECONOMIC STRENGTH
IN THE ABSENCE OF REAL DEMOCRATIZATION INEVITABLY WILL LEAD
CHINA TO BE MORE BENIGN. CHINA HAS -- AND I'M COMBOTEING HIM
{13:18:23} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
"HAS ALREADY GONE MAD TWICE IN THE LAST 40 YEARS," HE SAID
REFERRAL TO THE CULTURAL REF -- LEAF LUGS. "WHAT WILL T DO ON
THE INTERNATIONAL SCENE" -- THAT'S CHINA. IS IT A SOURCE OF
STABILITY OR A POTENTIAL OF SOURCE OF INSTABILITY?
WHEN IT DOESN'T HAVE ENOUGH POWER, ITS ATTITUDE WILL BE
RESTRANGED. BUT ONCE IT DEVELOPS AND BECOMES STRONG WHAT KIND
OF ROLE IS IT GOING TO PLAY WITHOUT A COMPLETE STRUCTURAL
CHANGE?
AND THAT'S THE QUESTION I WOULD POSE. FOR ALL OF THE ADVOCATES
{13:18:59} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
OF THE CURRENT ADMINISTRATION'S POLICY, I WOULD POSE THIS
QUESTION RAISED BY THIS VERY KNOWLEDGEABLE INDIVIDUAL, MR. BOW,
WHO HIMSELF HAS SPENT SEVEN YEARS INCARCERATED. THE QUESTION HE
POSES, ONCE CHINA DEVELOPS AND BECOMES STRONG WHAT KIND OF ROLE
IS IT GOING TO PLAY WITHOUT A COMPLETE STRUCTURAL CHANGE?
AND WHAT HE MEANS BY COMPLETE STRUCTURAL CHANGE IS
DEMOCRATIZATION. IT IS HIS ARGUMENT THAT ECONOMIC DEVELOPMENT
IN CHINA, THE EMBRACE OF FREE MARKETS AND THE EMBRACE OF MARKET
CAPITALISM, WILL NOT BE SUFFICIENT TO MAKE THEM DEBINE --
{13:19:31} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
BENIGN TO. MAKE THEM A PEARN PARTNER IN WORLD PEACE AND THAT
THAT WILL NOT HAPPEN WITHOUT A STRUCTURAL CHANGE -- FREE
ELECTIONS, FREEDOM OF PRESS, FREEDOM OF SPEECH, FREEDOM OF
RELIGION -- THAT UNTIL THOSE THINGS BECOME REALITIES IN CHINA,
THEN WE CANNOT EXPECT THAT THEY'RE GOING TO BE RESPONSIBLE
CITIZENS IN THE INTERNATIONAL STAGE OF AFFAIRS. AND THEN THE
"POST" EDITORIAL CONCLUDES. "MR. CLINTON SHOULD MEET WITH
{13:20:05} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
DISSIDENTS WHEN HE VISITS BEIJING LATER THIS MONTH. A SIT-DOWN
WITH BAO TONG IF THE GOVERNMENT WOULD RELEASE HIM FROM HOUSE
ARREST LONG ENOUGH, MIGHT BE ABUSEFUL ADDITION TO THE
PRESIDENT'S SCHEDULE" AND I WOULD SUGGEST THAT IT CERTAINLY
WOULD. I WANT TO CONCLUDE ON THIS ANNIVERSARY OF AN EVENT THAT
SHOULD NEVER, NEVER, NEVER BE FORGOTTEN.
BY MAKING THIS PLEA: MR. PRESIDENT, DELAY YOUR TRIP TO CHINA.
{13:20:39} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
THERE ARE ONGOING INVESTIGATIONS. THERE ARE ONGOING HEARINGS.
SO PLEASE. WE'RE NOT TALKING ABOUT ISOLATING CHINA. IT COULDN'T
HAPPEN IF WE WANTED TO. WE'RE NOT TALKING ABOUT BREAKING OFF
CONTACTS, DIALOGUE WITH CHINA. BUT WE'RE SAYING UNDER THE
CURRENT CLOUD AND WITH ALL OF THE QUESTIONS ABOUT THE WEB OF
INTERRELATIONSHIPS BETWEEN THE CHINESE GOVERNMENT, THE AMERICAN
ADMINISTRATION, AND CORPORATE AMERICA AND MULTINATIONAL
CORPORATIONS, DELAY THIS TRIP. AND SECONDLY, MR. PRESIDENT, IF
{13:21:13} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
YOU MUST GO, IF YOU MUST GO AHEAD WITH THIS PLANNED TRIP, THEN
I WOULD PLEAD WITH YOU TO STRESS THE DESIRE OF MILLIONS OF
AMERICANS BY NOT GOING AND NOT BEING RECEIVED AT TIANANMEN. AS
THIS YOUNG MAN TOOK HIS STAND, AS A SYMBOL OF FREEDOM AGAINST
THE SYMBOLS OF OPPRESSION, I ASK OUR PRESIDENT TO TAKE ONE
SMALL STAND BY NOT GOING TO TIANANMEN SQUARE, NOT BEING
RECEIVED -- SIMPLY SAYING, MR. JIANG ZEMIN, I'LL NOT BE
{13:21:46} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
RECEIVED WHERE THESE STUDENTSS WERE SLAIN. I'LL NOT SHOW
DISRESPECT AND DISDAIN FOR THE SACRIFICE THAT THEY MADE BY
BEING RECEIVED, A STATE VISIT ON THAT LOCATION. TO BE RECEIVED
THERE IS TO DEMEAN AND DEVALUE THE STAND THOSE STUDENTSS TOOK.
AND THIRDLY, I WOULD PLEAD WITH YOU, MR. PRESIDENT, THAT IF YOU
INSIST ON GOING TO CHINA CHINA, THAT YOU SHOULD INSIST ON
{13:22:18} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
MEETING WITH THE FAMILIES OF THOSE CHAMPIONS OF DEMOCRACY WHO
ARE EITHER SLAIN OR REMAIN IN PRISON. I ASK THAT AS OUR
PRESIDENT GOES AND IF HE GOES THAT HE SHOULD FORCEFULLY
DENOUNCE THE REPRESSION AND THE HUMAN RIGHTS ABUSES ONGOING IN
CHINA THAT. IF HE GOES TO TIANANMEN SQUARE SQUARE, THAT HIS
MESSAGE
SHOULD BE THIS: NER AGAIN. AND IN THE SPIRIT OF RONALD REAGAN
AT THE BERLIN WALL, LET HIM SAY, "THIS IS WRONG! NEVER SHOULD
{13:22:55} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
IT HAPPEN AGAIN!" I ASK THAT IN CHINA HE VISIT WITH HOUSE
CHURCH LEADERS, THOSE WHO, BECAUSE OF THEIR CONSCIENCE AND
BECAUSE OF THEIR RELIGIOUS CONVICTIONS, HAVE NOT REGISTERED
WITH THE COMMUNIST CHINESE GOVERNMENT AND BECAE THEY HAVE NOT
REGISTERED, BECAUSE THEY HAVEN'T SIGNED UP AND RECEIVED
OFFICIAL SANCTION BY THE GOVERNMENT, STAND IN HARM'S WAY, STAND
IN JEOPARDY OF LOSING THEIR FREEDOM. AND I ASK THAT OUR
PRESIDENT VISIT WITH BANNEDDJOURN ALLISTS, FOR THERE ARE NO
{13:23:32} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
FREE NEWSPAPERS, THERE ARE NO JP NURNALS, THERE ARE NO
EXPRESSIONS OF DEE DISSENT AMONG THE CHINESE GOVERNMENT. MEET
WITH THOSE JOURNALISTS WHO WOULD LIKE TO HAVE A NEWSPAPER, WHO
WOULD LIKE TO BE ABLE TO WRITE A COLUMN, WHO WOULD LIKE TO BE
ABLE TO FREELY EXPRESS THEIR VIEWS OF FREEDOM AND DEMOCRACY BUT
WHO ARE NOT ALLOWED TO BECAUSE OF THE CURRENT REGIME. MEET WITH
THEM, HEAR THEIR STORY. TAKE YOUR STAND FOR FREEDOM. AND THEN,
MR. PRESIDENT, I ASK THAT BEFORE YOU LEAVE FOR BEIJING, IF YOU
{13:24:03} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
MUST GO, THAT YOU SIGN THE CHINA SANCTIONS PACKAGE THAT'S
ALREADY PASSED THE HOUSE OF REPRESENTATIVES BY HUGE,
OVERWHELMING BIPARTISAN MAJORITIES. SOME OF THOSE PROVISIONS
HAVE ALREADY BEEN ADDED TO OUR STATE DEPARTMENT AUTHORIZATION
BILL, WHICH WE'LL BE DEBATING HOPEFULLY NEXT WEEK. SOME OF
THOSE HAVE ALREADY BEEN SENT. BUT I WOULD ASK THAT HE SIGN
THOSE AND IN SO DOING EXPRESS SINCERITY IN WANTING TO DECRY THE
{13:24:35} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
HUMAN RIGHTS ABUSES THAT ARE GOING ON. AND LET ME JUST
CONCLUDE. IN A "WASHINGTON POST" ARTICLE -- NOT AN EDITORIAL
BUT A NEWS ARTICLE TODAY -- ON THE TIANANMEN ANNIVERSARY, THE
ARTICLE CONCLUDES, THIS IS A MICHAEL LARIS REPORT, IT
CONCLUDES, THE FINAL PARAGRAPH, PARAGRAPH,, " CHINA HAS NOT YET
TURNED INREVOCABLY TOWARD A LIBERAL POLITICAL APPROACH." THAT'S
AN UNDERSTAIFMT "IT MAINTAINS A MASSIVE STATE SECURITY
APPARATUS WHICH MONITORS THE PRIVATE AFFAIRS OF ANYONE IT DEEMS
A THREAT TO THE COMMUNIST PARTY'S MONOPOLY ON THE ONE HAND
{13:25:10} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
POLITICAL POUFIRM THE JAILS TOLD MORE THAN 23,000 POLITICAL
PRISONERS INCLUDING 150 OR SO ARRESTED AFTER THE CONTINUE TUN
SQUARE PROTESTS. AMONG 2900,000 OTHER PEOPLE IN LABOR CAMPS AT
LEAST SOME ARE POLITICAL OFFENDERS. EARLY THIS EVENING" -- THIS
IS, I IS ASSUME YESTERDAY -- "EARLY THIS EVENING THIS EVENING
AT THE BEIJING UNIVERSITY BULLETIN BOARD WHICH WAS A CENTER OF
PROTEST INFORMATION IN 1989, A WOMAN READ ANNOUNCEMENTS OF
ELECTORS ON THE ENVIRONMENT AND THE ASIAN FINANCIAL CRISIS.
{13:25:42} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
MANY OF MY FRIENDS THINK THOSE STUDENTS WERE FOOLISH. REQUESTS
"THIS STUDENT. "SHE SAYS, MANY OF MY FRIENDS THINK THOSE
STUDENTS WERE FOOLISH, SHE SAID. I THINK THEY WERE VERY BRAVE.
I WISH MORE PEOPLE NOW HAD THAT MUCH PASSION. SOME PEOPLE NOW
HAVE THE SAME PASSION BUT THEY KNOW NOT TO EXPRESS IT. "IN THE
SAME WAY." FOR THOSE WHO BELIEVE IT'S ALL BETTER NOW IN CHINA,
LISTEN TO THE WORDS OF THIS STUDENT WHO SAYS QUGS, THE STUDENTS
{13:26:15} (MR. HUTCHINSON) { NOT AN OFFICIAL TRANSCRIPT }
IN CHINA TODAY HAVE LEARNED, PASSION FOR FREEDOM THEY MAY HAVE,
BUT IF THEY CHERISH BEING FREE, IF THEY CHERISH THE RIGHT TO BE
A STUDENT, IF THEY DON'T WANT TO BE INCARS -- INCARCERATED,
THEY BETTER NOT EXPRESS IT AS THESE STUDENTSS DID NINE YEARS
AGO TODAY. AND SO, TO ALL FREEDOM-LOVING AMERICANS, NOT
AREPUBLICANS NOT AS DERPBLGS BUT TO ALL FREEDOM-LOVING
AMERICANS, WE SAY TO THOSE CHINESE WHO LOVE FREEDOM AS WELL, WE
WILL NOT FORGET WHAT HAPPENED JUNE 4, 1989. MR. PRESIDENT, I
{13:26:54 NSP} (A SENATOR) { NOT AN OFFICIAL TRANSCRIPT }
YIELD THE FLOOR. A SENATOR: MR. PRESIDENT?
{13:26:56 NSP} (THE PRESIDING OFFICER) { NOT AN OFFICIAL TRANSCRIPT }
THE PRESIDING OFFICER: THE SENATOR FROM MINNESOTA.
{13:27:00 NSP} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
MR. GRAMS: MR. PRESIDENT, MAY I INQUIRE, WHAT'S THE PENDING
BUSINESS BEFORE THE SENATE?
{13:27:05 NSP} (THE PRESIDING OFFICER) { NOT AN OFFICIAL TRANSCRIPT }
THE PRESIDING OFFICER: THE SENATE IS NOW CONSIDERING THE
TOBACCO BILL. SENATORS MAY SPEAK ON ANY SUBJECT THEY WISH.
{13:27:12 NSP} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
MR. GRAMS: I'D ASK UNANIMOUS CONSENT THAT I COULD SPEAK AS IF
IN MORNING BUSINESS FOR UP TO TEN MINUTES.
{13:27:15 NSP} (THE PRESIDING OFFICER) { NOT AN OFFICIAL TRANSCRIPT }
THE PRESIDING OFFICER: WITHOUT OBJECTION, SO ORDERED.
{13:27:17 NSP} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
MR. GRAMS: THANK YOU VERY MUCH. MR. PRESIDENT, I WANT TO RISE
TODAY TO ACKNOWLEDGE THE NATIONAL SUMMIT ON RETIREMENT SAVINGS
WHICH IS TAKE PLACE HERE IN WASHINGTON, D.C., TODAY AND
TOMORROW AND I ALSO WANT TO USE THIS OCCASION TO INTRODUCE
LEGISLATION THAT WILL EMPOWER A GREATER NUMBER OF WORKING
AMERICANS TO SAVE FOR THEIR RETIREMENT THROUGH
EMPLOYER-SPONSORED RETIREMENT PLANS. NOW, IN THE COURSE OF THE
NEXT TWO DAY, THE 239 DELEGATES TO THE NATIONAL SMIMT ON
RETIREMENT SAVINGS WILL BE ADDRESSING AN ISSUE OF GREAT
IMPORTANCE AS THE BABY-BOOM GENERATION DRAWS CLOSER TO
{13:27:48} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
RETIREMENT AGE AND ALSO FUTURE -- THE FUTURE OF SOCIAL SECURITY
WHICH REMAINS UNCERTAIN. NOW, WITH SAVINGS RATES AT A 59-YEAR
LOW AND THE REVELATION IN THE 1998 SOCIAL SECURITY TRUSTEES'
REPORT THAT SOCIAL SECURITY IS ACTUARIALLY BANKRUPT, IT IS
EVIDENCE THAT WE FACE WHAT AMOUNTS TO BE A RETIREMENT CRISIS.
THE LESS INDIVIDUALS SAVE FOR THEIR RETIREMENT, THE GREATER THE
STRAIN ON AN AILING SOCIAL SECURITY SYSTEM THAT IS INCAPABLE OF
SUSTAINING THE FAST-GROWING RETIRED POPULATION. MR. PRESIDENT,
{13:28:18} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
STUDIES SHOW THAT AN INCREASING NUMBER OF AMERICANS ARE
DEPENDING ON SOCIAL SECURITY FOR THEIR RETIREMENT INCOME.
ACCORDING TO THE EMPLOYEE BEN AT THIS TIME RESEARCH INSTITUTE,
SOCIAL SECURITY IS NOW THE PRIMARY SOURCE OF INCOME FOR 80% OF
RETIRED AMERICANS, THE PRIMARY SOURCE OF INCOME FOR RETIRED
AMERICANS -- 80% RELY SOLELY ON SOCIAL SECURITY. AND
PRACTICALLY THE ONLY SOURCE FOR 40%. OF RETIREES. THOSE WHO
DEPEND ON SOCIAL SECURITY FOR THEIR RETIREMENT CAN EXPECT A
STANDARD OF LIVING FAR LOWER THAN THE ONE THEY ENJOY WHILE THEY
{13:28:50} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
ARE A MEMBER OF THE WORK FORCE. FOR INSTANCE, AN INDIVIDUAL WHO
HAS AN ANNUAL INCOME OF $15,000 PER YEAR WHO RETIRED IN 1998 AT
THE AGE OF 65 CAN EXPECT SOCIAL SECURITY TO PROVIDE ONLY ONE
HALF OF THEIR PREVIOUS INCOME. AND THE REPLACEMENT RATE DROPS
STEADILY WHEN MOVING UP IN THE INCOME BRACKET. INDEED, SOCIAL
SECURITY WAS NEVER INTENDED TO BE THE MAJOR SOURCE OF
RETIREMENT SAVINGS THAT IT SEEMS TO HAVE BECOME. ITS PURPOSE AT
THE TIME WAS TO SERVE AS JUST A SINGLE LEG IN A THREE-LEGGED
{13:29:24} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
STOOL THAT WOULD SUSTAIN AMERICANS IN THEIR RETIREMENT AGE.
SOCIAL SECURITY'S ORIGINAL PURPOSE WAS TO PROVIDE AMERICANS
WITH THE MINIMAL LEVEL OF INCOME IN RETIREMENT THAT WHEN
COMBINED WITH PERSONAL SAVINGS AND EMPLOYMENT-BASED PENSIONS
WOULD GIVE RETIREES THE LIVING STANDARD THAT THEY ENJOYED
BEFORE RETIREMENT. NOW, MR. PRESIDENT, GIVEN THESE FACTS ABOUT
SOCIAL SECURITY AND THE DECLINE IN SAVINGS AMONG AMERICANS, IT
IS CRUCIAL THAT STEPS BE TAKEN TO ENSURE THAT THE THREE-LEGGED
STOOL DOES NOT COLLAPSE UNDER THE WEIGHT OF THE GROWING RETIRED
{13:29:54} (MR. GRAMS) { NOT AN OFFICIAL TRANSCRIPT }
POPULATION. IT IS TRUE THAT RECENT STEPS TAKEN BY CONGRESS,
PARTICULARLY THE 1996 ENACTMENT OF THE SIMPLE RETIREMENT PLAN,
{END: 1998/06/04 TIME: 13-30 , Thu. 105TH SENATE, SECOND SESSION}
{ NOT AN OFFICIAL TRANSCRIPT OF THE SENATE PROCEEDINGS.}