Political Quotes

“Today, I rise in support of the National Save For Retirement Week resolution that I have sponsored with my friend and colleague, Representative Sam Johnson. He and I have championed this proposal, which has passed the House of Representatives in each of the last 3 years. Saving for one's retirement is of paramount importance. Less than two-thirds of workers are saving for retirement and those who are saving are not saving enough to adequately fund their retirement. As a result, too many Americans rely solely on Social Security to fund their retirements. Social Security is the bedrock of retirement security and retirement income for many Americans. However, on average, Social Security retirees today receive $14,000 a year, hardly adequate as the sole source of retirement income for most Americans. This resolution will help raise public awareness of the importance of saving for retirement and encourage greater personal financial responsibility.”