Michael Capuano actually said...

I oppose Mrs. Wagner's bill. I think it strips Americans of a basic protection that they need for their retirement.

According to the Council of Economic Advisers, this rule will save consumers roughly $17 billion--that is 'billion'--per year.

I believe that it properly balances the need to protect retirement investors with the need to streamline compliance costs.

this bill would be devastating to low-income, to middle-income, to senior citizens.