Feckless #Republicans move to block California retirement savings plan

The Senate is positioning to scuttle an ambitious California effort to create retirement security for low-income workers, with a vote Wednesday morning that aims to block the state and others from launching programs to automatically enroll millions of people in IRA-type savings plans.

Wednesday’s roll call brings to a head an early confrontation between the state and the Trump-era Congress. The retirement law is a signature achievement of California Senate Leader Kevin De Leon, who worked on it for years and has helped lead a national effort to move similar laws forward in other states – all of which are threatened by the congressional action.

Read the whole story in the LA Times

Advertisements

One comment

  1. Anything that this admitted illegal alien criminal Leon has been trying to setup should be blocked. He’s a Sacto criminal in a suit. Stealing the wages from low income workers without ANY guarantee that they will see it when they retire is absurd. Jerry and Leon need LOTS of other peoples monies to setup and keep the Socialist welfare state from bankruptcy and they were going to be using that cash,like the gas tax money for everything BUT retirement savings.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s