Political Quotes

“our Nation faces a retirement savings crisis. Too many seniors live in poverty after a lifetime of hard work, and too many people are facing retirement who have not been able to put away the adequate savings they will need. That is a problem not only on a human level and on a moral level but on an economic level. When seniors are forced to live in poverty, that hurts all of us and is a strike against our Nation's values. As more people have to spend money to take care of their retired parents and relatives, that hurts our economy. Millions of seniors do not have family members who can spend those resources, so it is taxpayers who will have to make sure seniors have a place to live, food to eat, and medicine to keep them healthy. That is why we must do everything we can to help people save for retirement themselves and not have to rely on the taxpayer, to help them put a little bit of money away while they still can. At the very least, the Senate should stay out of the way of our States that are taking action to address this looming crisis, but that is not what the Senate is doing here today. Instead, we are debating a resolution that would make it harder for people to save for retirement. We are debating whether to limit the ability of State governments to help people save for their retirement. While some Americans are fortunate enough to work at companies that offer their employees retirement plans, many more do not.…”