[Congressional Record Volume 164, Number 66 (Tuesday, April 24, 2018)]
[House]
[Page H3495]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICA'S RETIREES HAVE EARNED A BETTER DEAL ON PENSION SECURITY
(Ms. KAPTUR asked and was given permission to address the House for 1
minute.)
Ms. KAPTUR. Mr. Speaker, for more than 30 years, greedy corporate
chieftains, enabled by the Republican Party, have chip, chip, chipped
away at workers' rights, decent wages, and secure pension benefits. In
fact, they have even moved corporations to penny-wage environments, all
in the name of preventing workers from improving their lives here and
the lives of their families.
Our latest fight is to ensure pension security for retirees who have
already paid into their earned benefits. Since 2014, we have fought to
protect millions of multi-employer pensioners at risk of insolvency.
Pensioners should yield what they were guaranteed.
Democrats have proposed solutions to ensure these retirees get a
better deal. We have rallied behind the Butch Lewis Act, which has 156
cosponsors, including Republicans.
But where is the House Republican leadership? Instead of helping
retirees across this Nation with pension security, they forced passage
of a $1 trillion tax cut for the rich. This should tell you all you
need to know about the Republicans' raw deal.
Our 2018 recent funding bill vote secured a Committee on Pension
Solvency that is tasked to find a solution by the end of this year.
America's retirees shouldn't be let down. They have earned a better
deal.
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