Rob Portman: “I respond to the gentleman regarding where that data comes from for…”

On the recordJune 21, 2002

I respond to the gentleman regarding where that data comes from for two reasons: One, as the gentleman from Maryland (Mr. Cardin) and the other side of the aisle has just said, most of the money in this bill actually goes in the IRAs. People on average make less than $30,000 a year, so the numbers could not be right. Second, the gentleman does not understand the purpose of this bill if the gentleman thinks it is all about doing an income distribution. This is about expanding pension savings for low- and moderate-income Americans.

Said by

Rob Portman

Republican · Ohio

Source

govinfo.gov

Editor's note · Context

Discussing the purpose and impact of a bill related to pension savings.

Share on X Share on Facebook Email this quote

More from Rob Portman

Nov 29, 2022

The Supreme Court declared same-sex marriage as a constitutional right way back in 2015, and the overwhelming majority of Americans support that group. According to Gallup, over 70 percent of Americans believe same-sex marriage should be…

govinfo.gov

Sep 27, 2022

I think General License 8C is more effective. I understand what you are trying to do with the price cap.

congress.gov

Dec 7, 2022

I come to the floor for the 27th consecutive week since the invasion of Ukraine to give another update to the American people on the brutal, illegal, and totally unprovoked attack by Russia on its neighbor Ukraine. This is at a time when…

govinfo.gov

Oct 18, 2023

We have got to get back to a system where we are serving the people, and that means agreeing on that objective.

congress.gov

View all Rob Portman quotes

Other voices in this conversation

Rob Portman: “I respond to the gentleman regarding where that data comes from for two reasons: One, as the gentleman from Maryland…”

Editor's note · Context