Political Quotes

“Madam President, for the second time in an administration that has just crossed the 100-day threshold, Republicans in the Congress have teed up legislation that is going to make it harder for working Americans to save. This time, there is a proposal in front of us that goes after a brandnew program that my home State of Oregon is just now getting ready to launch. Let me make my views on this proposal clear, quickly. This legislation puts the special interests before working people, and it is just that simple. We all understand there is a savings crisis in the country. The typical American who works hard and brings home a paycheck every week or two is struggling to get money set aside for their retirement. Just think of the economic challenges these families are up against every day. Millions of young people are buried under student debt, so the prospect of saving for retirement feels like a dream and will remain so for years and years. Parents raising kids are faced with steep home loans and everyday bills. At the same time, it can seem as if the sticker price of a 4- year college education can match the GDP of a small island nation. The numbers on the savings crisis are just alarming. More than half of workers approaching retirement have nothing. That means zero set aside in retirement accounts like IRAs or 401(k) plans. Tens of millions of Americans do not have access to retirement plans at work.…”