Political Quotes

“I include in the Record additional letters in opposition to this resolution. Service Employees International Union, Washington, DC, February 13, 2017. Dear Representative: On behalf of the two million members of the Service Employees International Union (SEID), I urge you to vote against H.J. Res 66 and H.J. Res 67, resolutions disapproving of the Department of Labor's rules relating to retirement savings arrangements established by states and qualified state political subdivisions. The Department of Labor rules make it easier for small employers to offer their workers access to programs for retirement savings and achieve an essential component of the American dream. There is a retirement savings crisis in our country. Fifty- five million workers do not have access to a retirement savings plan at work. As a result, nearly half of all workers have no retirement assets--no pension, no 401(k), and no IRA. States have stepped in to begin to address this crisis with innovative legislation that gives workers the opportunity to set aside their own money in low-fee, professionally managed savings accounts. Importantly, private sector money managers and administrators will be hired to run these programs on behalf of the states, generating American jobs.…”