07/26/2021
https://www.congress.gov...
"I have been working, our offices have been working with Senator Collins to figure out a way to remove administrative obstacles for small businesses."
"Now, according to the Federal Reserve, 75 percent of the bottom half of income distribution, the three-quarters of those people in the bottom half don't have a retirement plan at work."
"I think this is a solvable problem. I think it is a problem that we can solve on a bipartisan basis in this country."
"But more concerning, according to the Federal Reserve, those in the bottom 50 percent by wealth have a median retirement savings of zero."