From the WS Journal:
Pension-law changes: Voting 93 for and five against, the Senate sent President Bush a Republican-drafted bill Thursday to shore up defined-benefit pension plans by requiring about 30,000 companies to fund their pension liabilities fully over seven years, with certain airlines granted more time. The bill also requires companies to pay higher premiums to the Pension Benefit Guaranty Corp., the federal agency that insures pensions but which reports a $22.8 billion deficit against obligations.
The bill contains incentives to make defined-contribution plans, such as 401(k) plans, a more attractive alternative to traditional defined-benefit plans, and gives employers legal protections to spur conversions of defined-benefit plans to less traditional "hybrid" plans.
A yes vote was to pass the bill.
Burr voted no.
Dole voted yes.
Does anyone know why Burr would be in this distinct minority? 93-5