Mark Kirk: “When we look at this problem, we see that the Congress has taken critical action in the past to change our culture in…”

“When we look at this problem, we see that the Congress has taken critical action in the past to change our culture in favor of more savings and investment. The 401(k) program was relatively new to our society and our culture. And yet millions of Americans now, when they get their first real job, establish a 401(k) program, saving on their own for retirement. Last Congress you were leading the effort on behalf of extending 529 college savings accounts that are chartered under each State. We already have $80 billion saved under investment. That is why I want to applaud you with the potential that this 401 Kids account bill could do.”