Kaptur slams Trump Administration budget chief for calling much-needed pension relief a “bailout”
Washington, D.C. — Congresswoman Marcy Kaptur (OH-09), slammed Trump Administration Director of the Office of Management and Budget Mick Mulvaney after he derided efforts to provide pension relief to millions of retirees by calling it a “bailout.” See that clip here.
“Despite this Administration’s obsession with cutting Wall Street regulations and providing tax cuts to billionaires, Mr. Mulvaney needs to look into the mirror and remember who he works for, and that is the American people,” said Kaptur. “This is not a bailout, this is money workers have set aside from their pay while working so that now as retirees, they can have retirement security from their pension. Workers have paid into these pensions for 30, 40 or sometimes 50 years. The President and his budget chief owe our retirees some respect here. They seek no handout, just their due.”
Kaptur has been a leader in the House urging passage of the Butch Lewis Act to provide pension relief to retirees who are at risk of losing their earned benefits.
“Mr. President, our people need the relief you promised on the campaign trail. The threat of pension cuts became a reality thanks to a last-minute budget push, and now we need to make these workers whole,” Kaptur concluded.
This week Kaptur shared the stories of Ohio retirees who whose pensions are at risk if Congress does not act soon (click here for more).