Political Quotes

“I thank the Senator from Alaska, Mr. Begich, for coming and joining me today because I know he is deeply committed to strengthening and protecting Social Security for current and future seniors. So I was very pleased to join him today in introducing the RAISE Act, which will be a very critical step forward in this effort. Over the last several decades, middle class families have been increasingly squeezed by rising prices for everything from college tuition to health care. Wages have stayed flat--or even declined for some people--and fewer companies today are offering the kinds of generous pension plans that used to help so many workers stay financially secure. With all that in mind, it is not surprising that, as families have struggled to stretch their dollars further and further in order to get the bills paid and raise their children, it has become harder and harder to save for retirement. In fact, a recent study showed that more than a third of today's workers have been unable to save even a dollar for retirement, and even those who do have savings do not have very much. The same study found that 60 percent of respondents had less than $25,000 in total assets and investments, excluding their home. The numbers are even more pronounced when you look at women in the workforce.…”