OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Setting Every Community Up for Retirement Enhancement Act of 2019

Floor Speech

Date: May 23, 2019
Location: Washington, DC
Issues: Finance and Banking

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Mr. THOMPSON of California. Madam Speaker, I thank the gentleman for yielding.

Madam Speaker, I rise in strong support of the SECURE Act. I thank the chairman, Mr. Neal, and Speaker Pelosi for their leadership on this important bill.

America is facing a retirement crisis. Nearly half of all the people in America do not have any money saved for retirement. The SECURE Act before us today helps fix that.

I am glad we could reach this bipartisan solution to make it easier for workers, including home healthcare workers in California, to take advantage of important retirement savings tools.

As a combat veteran and the father of two first responders, I understand how important it is that this bill also reverses the harmful tax hikes included in the Republican tax bill on survivor benefits. Hiking taxes on Gold Star families and families of first responders is unjust, and it insults how sacred these benefits are. It is just plain wrong. This bill reverses that harmful provision.

Madam Speaker, I thank Congresswoman Luria for her leadership in this effort.

Madam Speaker, I ask that all my colleagues join me in support of this very important bill.

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