On the recordFebruary 15, 2017
I just make one comment that, when my colleagues on the other side of the aisle had both Houses and the White House and the opportunity to do these reforms, they weren't done. Yet, now, when we stand with great concern because of a midnight rule that was put through that takes away the security of retirees in programs that will be, as I said earlier, foisted upon employers to automatically enroll their employees into government-run IRAs--allowing the same States to skirt the Federal law of ERISA--and deny workers important protections, we are pushed back on. I have some concern about that. When the opportunity to do what they say they want to be done could have been done with both Houses under control of the same party and the White House, this was not undertaken. Yet we are called out and told that we are hurting retirees when, in fact, we are giving assurances to retirees that you will come under the same protections regardless of where you go, and we expect that to be the case because it has worked. That is decried. I find that less than objective in its honesty. Mr. Speaker, I reserve the balance of my time.
