Political Quotes

“The bill before us is really nothing more than a distraction, a distraction from the real issues facing American seniors and retirees. What seniors want is their government to lower the cost of everyday necessities like groceries, gas, water, and electric bills. They want their hard-earned savings protected. They don't want Congress dictating to them where and how to invest for their retirement. If Republicans were truly serious about protecting American retirees, they would be working to restore the pensions of Americans who have lost their retirements, their pensions or seen them cut, like the thousands of Delphi salaried retirees across the country. Americans who work their whole lives should not have to worry if they will be able to retire in dignity, but when General Motors filed for bankruptcy during the Great Recession, the U.S. Pension Benefit Guaranty Corporation, the PBGC, unfairly cut retirement benefits by as much as 70 percent for more than 20,000 Delphi salaried retirees. These cuts have been devastating for these retirees. We have heard stories from Delphi salaried retirees facing extreme hardship, even forgoing medical treatment because their pensions were slashed so much. Under the past administration, the former President made a promise that he would fix this issue. He did not. He didn't even try.…”