Political Quotes

“Mr. Speaker, America should no longer be shocked with the Republican mantra of ``no'' to everything--that is, until Wall Street and the financial services industry calls. Today's action on H.J. Res. 66 and 67 illustrates this unfortunate reality. Congressional Republicans once again are putting the financial industry ahead of average American workers. Their attempt to roll back President Obama's Department of Labor rules, which expanded working families' abilities to save their own retirement money through State- and large-city-administered retirement savings programs. The Republican proposal restricts saving options for working people. For years, Republicans have hawked a false crisis about Social Security solvency; meanwhile, now they are proposing a very real retirement security crisis for America's seniors. We are nearing a boiling point. The difference between what average Americans have saved for retirement and where their savings should be is staggering: more than $6 trillion in shortfalls. Roughly half of all U.S. families have no money set aside for retirement. Thirty-nine million Americans don't have access to a workplace retirement savings plan. Even Americans who work diligently to save for retirement are falling behind. With 10,000 American seniors reaching retirement age every day, enormous strain on the Federal budget is mounting to make up the difference. Today most workers don't have a pension.…”