I finally believe that workers have the right to know exactly how much is taken from their accounts.
George Miller
The Public Record
George Miller is a former Democratic member of the United States House of Representatives, representing California's 7th congressional district from 1975 until his retirement in 2015. During his tenure, Miller was known for his advocacy on issues such as education, labor rights, and environmental protection. He played a significant role in various legislative efforts, including the Younger Americans Act, which aimed to enhance opportunities for youth engagement and development. Miller was also a prominent voice for Puerto Rico's self-determination, emphasizing the importance of educating residents on their status options.
I expect we will hear at some length about 'fee disclosure' in 401(k) plans, and the need for improvement.
I would caution, however, that we not suggest that investment fees are to blame for the dramatic declines in retirement savings.
I firmly believe that workers have the right to know exactly how much is taken from their accounts.
As President Obama has emphasized just this week, we must put Social Security on a sound financial footing for the indefinite future.
I hope the Committee will pay the same attention to these issues as we move forward.
it would be a real mistake to dismantle it, or nationalize it, as has been suggested in this Committee in the past.
I am very jealous. I know how hard people in my district work to create a little bit of savings.
In the short-term, Congress must address ways to improve defined contribution plans.
Thank you for testifying at the Tuesday, February 24, 2009, Committee on Education and Labor hearing on 'Strengthening Worker Retirement Security.'
We have to assure these people that the one thing they could count on will still be their Social Security and Medicare.
Retirees ought to have financial security that allows them to focus on family and friends without sacrificing their standard of living.
The Federal Reserve Board must take seriously its responsibility to combat asset bubbles.
Any additional request is going to have to be accompanied by a very, very strong justification and, in fact, a detailed plan as to what would the purpose of that escalation of those troops be.
Well, that's why they're in the minority now and we're in the majority. The American public gets it.
I think over the life of the loan of a typically borrower in this program will probably save a little more than $4,000 to that borrower, maybe about $4,500. You know, a substantial amount of money.
Puerto Rico self-determination will happen and it is our responsibility that within that process we ensure that the residents of Puerto Rico are fully educated on each status option.
I am pleased today to introduce, along with my colleagues... the Younger Americans Act.
Our bill responds to the tremendous desire of young people to have the greatest opportunity possible to be active, creative, and productive citizens in our society.
This legislation authorizes funding for the Bureau of Reclamation to continue the endangered fish recovery implementation programs.
I do not think I have a problem. I think there are some questions about the amendment, but what the gentleman has said, he is willing to work that out. Different States have different mechanisms. I think what the gentleman from Ohio is…





