The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
February 4, 2014
Contact: Drew Hammill (Pelosi), 202-226-7616
Katie Grant (Hoyer), 202-225-3130
Pelosi, Hoyer Joint Statement on House Democrats' Meeting
with President Obama
Washington, D.C. - Democratic Leader Nancy Pelosi and Democratic Whip Steny Hoyer released the following statement following House Democrats' meeting at the White House with President Obama:
"Tonight, House Democrats had the privilege of sitting down with President Obama for a productive discussion of Democrats' shared agenda for the year ahead.
"Expanding on the vision of opportunity and optimism laid out by the President in his State of the Union address last week, we laid out plans to address the nation's top priorities: creating jobs by making it in America. We are committed to building an economy that works for everyone by raising the minimum wage and renewing the lifeline of emergency unemployment insurance.
"We will unleash the potential of America's women, because we know that when women succeed, America succeeds. We will continue to strengthen the middle class with access to the affordable, quality health coverage available under the Affordable Care Act, and act to pass comprehensive immigration reform that reflects our history and our values.
"Working together, we can deliver on the full promise of America and forge a brighter, more prosperous future for generations to come."