Political Quotes

“Mr. President, in West Virginia, we revere our miners--the men and women who put their lives on the line every single day to provide for their families and bring light and heat to millions. Their grit, their courage and their determination are inspirational to each of us. The work they do every day provides nearly half of our Nation with power and it helps underpin the economy of the State we call home. For their hard work in these grueling jobs mineworkers receive promised pensions and lifetime health benefits. Health care for all retirees is important. But, in many cases, it is even more so for retired miners, who have stared the possibility of injury or illness in the face every day. Unfortunately, today there are looming threats to the pensions of more than 100,000 mineworkers and to the healthcare benefits of nearly 12,000 miners and their dependents. The miners' pension fund is on the road to insolvency. It has been hit by the perfect storm--the recent financial crisis, the smaller number of active mineworkers who provide the funding base for the pension plan, and the large number of ``orphans'' who receive their pensions under the plan. These ``orphans'' are retired mineworkers for whom a company no longer makes contributions to the pension fund, typically because the company is out of business.…”