Virginia Foxx: “I thank my colleague from Georgia for yielding me time. H.R. 2954 includes the text of the RISE Act, a bill that I am…”

“I thank my colleague from Georgia for yielding me time. H.R. 2954 includes the text of the RISE Act, a bill that I am proud to lead with Chairman Scott of the Education and Labor Committee. This bill was born out of true bipartisan collaboration, and I am pleased at the progress we have made with our colleagues across the aisle. Hardworking Americans deserve the opportunity to save for a secure future, yet too many workers aren't putting anything towards their retirement nest egg. By removing the red tape tying up job creators and providing incentives for workers to save more, this legislation will strengthen and modernize America's retirement system, so our Nation's workers, retirees, and employers are better served. It truly is a much-needed step in the right direction. Practical solutions like the RISE Act and H.R. 2954 are a win for job creators, workers, and our Nation's economic future. I urge my colleagues to vote ``yes''. Madam Speaker, I would like to inquire if the distinguished chairman of the Education and Labor Committee would be willing to engage in a colloquy with me about the matter of furnishing paper ERISA disclosures to participants and beneficiaries. I yield to the chairman.”