We are also especially supportive of your efforts to incentivize savings.

Senator Cardin came in, and he has been working in these savings precincts for decades.

I think what we are all trying to do is at the entry level.

We thank the committee for holding this hearing and for a long history of dedicated bipartisan work on protecting and enhancing the private retirement system.

We commend Chairman Wyden and the many committee members who focused their attention on this issue.

Thank you for your ongoing leadership to achieve critical retirement policy reforms for Americans.

The pandemic economic crash made saving even harder.

I want to thank Chairman Wyden and Ranking Member Crapo for holding this hearing and considering how Congress, building on its long history of bipartisanship on retirement policy, can help improve retirement security for older Americans.

The issue for a lot of lower-wage workers is, can they afford to put money into retirement?

This is about good policy, helping people, and giving everybody in America the chance to get ahead.

I introduced the Encouraging Americans to Save Act, to get more help to the working folks who need it so badly.

Our tax code ought to help young people get started saving earlier in their careers.

Before anybody ever heard of COVID-19, it was already far too difficult for Americans to save for a dignified retirement.

Before there was much knowledge of COVID-19, it was already far too difficult for Americans to save for a dignified retirement.

It's long past time to crack down on mega-IRAs, which the GAO documented as a problem years and years ago.

Now more recently, Americans were reminded about long-running retirement rip-offs by ultra-wealthy individuals advised by the priciest accountants and lawyers.

I want economic policy that gives everybody in America the chance to get ahead, not one that promotes... retirement haves and have-nots.

I also support expansion to part-time workers, because part-time workers are low-wage workers.