Baldwin, Heitkamp, Peters

Executive Session (Zais Nomination)

Senator Baldwin: (4:13 p.m.)

  • Spoke on pensions.
    • "I have been proud to work side by side with Wisconsin workers and retirees and with Senator Brown to introduce the Butch Lewis Act. And I've been proud to work with Senator Donnelly and others to organize this afternoon's opportunity to share the stories of the hardworking people and retirees that we represent. The bill, the Butch Lewis Act, will put failing multiemployer pension plans, including central states, back on solid ground. And it does so without cutting a single cent from the pension retirees have earned."

 

Senator Heitkamp: (4:20 p.m.)

  • Spoke on pensions.
    • "They're struggling to understand how a government and how a society could be leaving them in this level of uncertainty regarding their economic future. And so I want to tell a couple stories of some of the people that I've met, but I want you to know that I just recently as Saturday had a meeting with over 140 workers in Fargo. They came from all over and their stories were heartbreaking. They couldn't understand how if they did everything right in the United States of America they would have their financial viability at risk. I had one man stand up, 80 years old who told me that he went back to work when he knew that there was going to be a problem and worked in the oilfields."

 

Senator Peters: (4:30 p.m.)

  • Spoke on pensions.
    • "This is basic fairness. A deal is a deal. Mr. President, workers deserve the same fairness. Workers who have banded together to negotiate for pensions during their retirement in exchange for lower upfront pay deserve the pensions that they have earned. Generations of Americans have built their lives around the idea if you work hard and you play by the rules, you will have a fair shot at success. The certainty that hard work will be rewarded empowers Americans to achieve economic security, provide for loved ones, and retire with dignity. But for many Americans who have spent decades working hard, their retirement is now at risk."