Political Quotes

“Mr. Speaker, I rise in strong support of the Rehabilitation for Multiemployer Pensions Act, also known as the Butch Lewis Act. Without this bill, millions of retired workers, including truck drivers, electricians, steelworkers, locomotive engineers, boilermakers, machinists, and others will lose their earned pension benefits. We should all agree that these pensions should not be cut. This is about basic fairness. These are hardworking people who agreed to exchange some of their pay during their working years for the promise of a secure retirement. This bill will provide loans to pension plans in need of help to pay these benefits. These are loans. Many of us remember the dark days of the financial crisis. During this crisis, pension plans took a big hit. Back then, Congress bailed out Wall Street. Although I did not support that bill, I think we should all agree now that we should help support pensions for retirees. Let's do right by the everyday families who count on these plans. Let's pass this rule and pass the Rehabilitation for Multiemployer Pensions Act. It is the right thing to do. {time} 1315”