Political Quotes

“And thank leadership for bringing this bill to the floor. Mr. Speaker, today, I rise in support of H.R. 6757, the Family Savings Act, which will make it easier for American families and individuals to save for their future, whether it is retirement, education, or healthcare, helping them to make sure that they are keeping more of their hard-earned income, more of their own money, and planning for their future. This bill will also help local businesses provide retirement plans to their workers and help workers participate more in all those plans. Now, according to the Department of Labor and the Federal Reserve, about 69 million American workers have formal retirement plans, which, together, have almost $14 trillion in savings for them. This bill will incentivize hardworking American taxpayers to continue to put away more of their own money for their future. One of the things I remember so clearly from growing up is my parents talking to us all the time and saying: The one thing we never want to be for you kids is a burden. We never want to be a hardship for you as we go into our senior years. I thought to myself at that time: How could anybody look across the table at people who had worked so hard, had come through the Great Depression, had come through World War II, had come through the Korean war, had gone through all kinds of difficulties and had always provided for us and think that?…”