Political Quotes

On the recordFebruary 15, 2017
I thank the doctor for that Webster's dictionary. That dictionary was published in Springfield, Massachusetts, and I am glad that the doctor from Tennessee sees it as the last word. Mr. Speaker, let me rise in opposition to the CRA resolutions we are debating today that would block Department of Labor regulations on State-run retirement programs. Our country is in the midst of a retirement savings crisis, as duly noted. To address this issue, we should be working together to help people get into a responsible retirement savings plan. Half the people who get up to go to work every single day in America are not in a qualified savings plan for retirement. This opportunity here is to begin a history lesson. In July of 2007, a decade ago, I introduced the Automatic IRA Act with my Republican Ways and Means colleague, Phil English. That same year, Senators Bingaman and Smith introduced a companion bill in the U.S. Senate. The Brookings Institution and The Heritage Foundation scholars jointly developed my auto IRA concept. So conservatives and liberals came together on a commonsense proposal to make it easier for working families to save. However, fast forward to 2017. I can't find a Republican to join me in sponsoring the auto IRA legislation. Remember, The Heritage Foundation worked with me to construct this initiative.…
Said by
Rich Neal
Democratic · Massachusetts

Share

More from Rich Neal

Apr 29, 2024

The majority is a threat to the health and economic security of our American people.

congress.gov
Feb 25, 2025

Well, the looting is underway. Our colleagues are running the same failed playbook of trickle-down handouts. My friend, the gentleman from Pennsylvania (Mr. Smucker) said the family of four is going to get $1,700. Look at the tax…

govinfo.gov
Jun 12, 2024

There need to be repercussions when those rules are violated.

congress.gov
Feb 27, 2025

My advice is: If they adopt that policy, we should advise the American people to forget about their credit card debt.

nbcnews.com

Other voices in this conversation