Political Quotes

“I appreciate the gentleman yielding me the time, and I thank the chairman for moving this very important piece of legislation through our committee, the Financial Services Committee, and onto the floor. This is a commonsense bill, Mr. Speaker, that I encourage everybody, Republicans and Democrats, to support, H.R. 4566. Throughout the great State of Maine and across America, Mr. Speaker, we have millions and millions of small savers and small investors who are planning for their retirement or for the college education for their kids or their grandkids. The people of Maine, Mr. Speaker, are the most honest and hardworking folks you can find anywhere, and every week thousands and thousands of Maine families are setting aside small parts of their paychecks into an IRA or a 401(k) plan so they will have enough money for their retirement, or setting aside small amounts of money for their son or their daughter to attend a college, a community college, a university, or a technical school. Today, Mr. Speaker, almost 55 percent of all American families, about 100 million of our fellow Americans, entrust these savings to mutual funds and other pension advisers such that they are able to grow and to provide them with a larger nest egg down the road. These asset managers, Mr.…”