Political Quotes

“The crisis facing multiemployer pensions is not some faraway event, and it is not about politics or ideology. It is about people's lives and whether they will be able to retire in dignity after a lifetime of hard work--American people. By 2025, the Central States Pension Fund and the PBGC will be insolvent. That means over a million American employees' and retirees' earned benefits could disappear if we don't act right now. This crisis doesn't just affect those enrolled in multiemployer pension plans. If we don't act, the consequences will be detrimental for our local businesses, economies, and residents, ultimately affecting everyone, including millions of American families. Participants nationwide, including thousands in my district, could lose everything they have earned if we don't act. These folks who came to watch the proceedings today never wanted a bailout, as my colleague across the aisle termed it. They just want and deserve what they have earned. They deserve it. We need to pass this bill. We must pass this bill for them and for our country.”