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. ...
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http://www.politicususa.com/2017/03/30/senate-republicans-voted-retirement-accounts-income-workers.html
get the red out
(13,466 posts)How can these people, and I assume Rs are people, sleep at night?
heaven05
(18,124 posts)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!!!!
SummerSnow
(12,608 posts)Trump supporters: "WE ARE WINNING, DOWN WITH RETIREMENT BENEFITS!!!"
Zoonart
(11,869 posts)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.