Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Panich52

(5,829 posts)
Fri Mar 31, 2017, 09:03 AM Mar 2017

Senate Republicans Just Voted To Take Retirement Accounts Away From Low Income Workers

Senate Republicans Just Voted To Take Retirement Accounts Away From Low Income Workers

By a 50-49 vote, Senate Republicans have rolled back an Obama-era regulation that allowed states to create retirement accounts for low-income workers whose employers did not provide them.

Senate Majority Leader Mitch McConnell claimed that the rule undercut private sector business, “Under the guise of helping more people save for the future, it undercut a system of private retirement savings that has served millions of Americans very well for decades. The end result would be more government at the expense of the private sector.”

The truth is that the vote was really who the Senate works for.

Sen. Elizabeth Warren (D-MA) pointed out before the vote that Republicans have not put up a single piece of legislation to help working families in this Congress.

snip vid (wouldn't post)

Warren asked, “Why on earth are they now voting to make it harder for cities and states to harm their own citizens save for retirement? Why? Three words. Chamber of Commerce. ...

More
http://www.politicususa.com/2017/03/30/senate-republicans-voted-retirement-accounts-income-workers.html


5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Senate Republicans Just Voted To Take Retirement Accounts Away From Low Income Workers (Original Post) Panich52 Mar 2017 OP
Disgusting get the red out Mar 2017 #1
SS. Medicare. VA benefits, heaven05 Mar 2017 #2
And Trump voters will love this. SummerSnow Mar 2017 #3
Meanwhile... Zoonart Mar 2017 #4
McConnell is Americas Dracula, sowing pain and plague wherever he goes n/t bronxiteforever Mar 2017 #5
 

heaven05

(18,124 posts)
2. SS. Medicare. VA benefits,
Fri Mar 31, 2017, 09:06 AM
Mar 2017

NEXT!!!! All the 'savings' going into the grifters of Congress and the WH family's pockets. Damn!!!! Recently kept one grifter family out of the WH and then a few years later let one in. Led by racists and fascists. Damn!!!! Damn!!!! Damn!!!!

Zoonart

(11,869 posts)
4. Meanwhile...
Fri Mar 31, 2017, 09:22 AM
Mar 2017

As we worry about Russian interference in our democracy. Republicans calmly go about the work of taking the train apart.

There will be nothing but a carcass, picked clean by the time we get down to applying the long gone brakes.

Latest Discussions»Issue Forums»Omaha Steve's Labor Group»Senate Republicans Just V...