Political Quotes

On the recordMay 3, 2017
it looks as though we are at it again. Instead of fighting to make things even a little bit better for hard- working, middle-class Americans, Members of this body just want to make life harder for those hard-working, middle-class Americans. We have had the debate on Capitol Hill about how to strip healthcare from 24 million Americans. We have had a conversation on Capitol Hill on how to reduce the taxes phenomenally on the very richest Americans. We have seen the President's one-page description of a tax plan that consisted of a goody bag for the richest Americans, the multimillionaires and the billionaires. But here we have another provision just trying to sucker punch hard-working Americans because those hard-working Americans work for companies that often don't have a retirement plan, so they do not have a convenient way to put funds away to prepare for retirement. Along came the States. The States said: You know, for those workers who don't have a retirement plan at their work, why don't we design one, present one, so that they could automatically sign up and have their wages--a small amount of them--put away for retirement automatically? Then they would go to a different job, and that job would not have a retirement plan. Well, then, in that new job, they could have a little bit of their wages put away automatically for retirement--not in a manner that requires people to save. They could ``unsign'' themselves up. This is called automatic opt in.…
Said by
Jeff Merkley
Democratic · Oregon
Source
govinfo.gov
May 3, 2017

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