Brady Opening Statement at Full Committee Markup of Retirement, Tax Administration, and Reemployment Services Legislation
Brady Opening Statement at Full Committee Markup of Retirement, Tax Administration, and Reemployment Services Legislation
"Thank you, Chairman Neal, for calling today's markup.
"This is our first legislative markup of the year in this Committee.
"I'm encouraged that we are moving early this
"And I especially want to thank all the Members and staff who have worked tirelessly this year to get these important measures ready for Committee consideration.
"The time is ripe for these reforms.
"With wages continuing to rise for low-income workers, more job openings than there are workers to fill them, and financial optimism at all-time highs, all three of the bills we are considering today will help this economic success continue for years to come.
"With a new tax code, it is time for a new tax administrator.
"The Taxpayer First Act, led by
"
"These reforms will transform the
"I'm glad that, working together in a bipartisan and bicameral fashion, we are able to move these important reforms forward.
"Additionally, we are considering the
"With the economy growing at its fastest pace in years, now is the perfect time to help folks save more and earlier for retirement.
"Similar legislation passed the House last year - with Democrat support - as part of our Tax Reform 2.0 package.
"This legislation we are considering today will help families ensure they have the flexibility and control over their savings to be prepared for whatever life throws their way.
"
"I look forward to continuing to work with Chairman Neal on even more important reforms that will help workers save more and earlier for retirement.
"And finally, we are considering legislation to an make important, timely update to our nation's unemployment insurance program.
"While I am disappointed the Committee did not exercise its jurisdiction over the UI provisions being considered on the House floor this week, I am proud that we are taking bipartisan action today to look out for workers.
"With a record number of job openings, we need to do all we can to ensure we are getting those laid off through no fault of their own back into the workforce as quickly as possible.
"The Building on Reemployment Improvements to Deliver Good Employment for Workers Act - or BRIDGE for Workers Act - is an important step forward in those efforts.
"In this bipartisan legislation - led by Committee Members
"It does so by making permanent a technical correction we first made in FY 2019 appropriations.
"Clarifying that states have the flexibility to provide reemployment services and eligibility assessments not just to those likely to exhaust their unemployment benefits, but to all those where these services could help speed reemployment.
"Increasing states' flexibility to determine who receives these services and when based on needs of their communities - instead of the needs of D.C. - is critical minimizing the disruption on their families.
"America needs these workers.
"Once again, I thank Chairman Neal for holding today's markup and for working with
"I am proud to support all these measures.
"And I look forward to continuing to work together throughout this
Baltimore Mayor Pugh steps aside amid controversy
Disaster aid stalls in Senate amid fight over Puerto Rico
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News