Political Quotes

Tim Scott: “The importance of this issue, and if you think about $92 billion in 2015 over a decade, that is close to $1 trillion…”

On the recordOctober 27, 2021
The importance of this issue, and if you think about $92 billion in 2015 over a decade, that is close to $1 trillion lost out of American's retirement accounts.
Said by
Tim Scott
Republican · South Carolina

Editor's note · Context

Tim Scott emphasizes the significant financial loss from retirement account leakage.

Share

More from Tim Scott

Oct 8, 2026

American energy dominance requires more nuclear facilities and a modernized energy grid.

scott.senate.gov
Oct 8, 2026

Hamas murdered, raped, and took people hostage, carrying out the deadliest attack on the Jewish people since the Holocaust.

scott.senate.gov
Oct 7, 2026

One spouse should not bear the responsibility for another spouse’s hidden income or mistakes, and the Tax Relief for Innocent Spouses Act gives the Tax Court greater authority to review the full scope of evidence in appeal cases.

hassan.senate.gov
Oct 8, 2026

Three years ago today, Hamas terrorists committed an unimaginable act of terror, killing more than 1,200 innocent men, women, and children – including 46 Americans – and taking 251 people hostage, 12 of them Americans.

scott.senate.gov

Other voices in this conversation