Senator
Barack Obama hosts Roundtable with Nevadans
to discuss Retirement Security
Chicago, IL –
Senator Barack Obama hosted a roundtable
discussion today with local Las Vegas
residents about the increasing challenges of
saving for retirement and his plans to
strengthen retirement security, which
include protecting social security,
reforming bankruptcy laws to protect
pensions, and providing incentives to
increase personal savings so all Americans
can retire with dignity.
“It starts with protecting Social Security.
Over 230,000 Nevadans receive Social
Security, and the program helps keep over 40
percent of Nevada’s seniors out of poverty.
Because Social Security is so important in
the lives of so many Americans, we have to
make sure Social Security is there for
future generations.”
Obama’s plan will also create automatic
workplace pensions to make it easier for the
75 million Americans without employer-based
retirement plans to save, as well as ensure
private companies properly fund their
pension plans and reform bankruptcy laws.
“Today, even if you work hard and play by
the rules, you risk losing everything if
your company goes bankrupt. Instead of
protecting your pension, our laws protect
banks by making it easier for companies to
shed their obligations to retired workers.
It’s time for that to change.:”
At this afternoon’s roundtable discussion at
the Clark County Public Library, Obama sat
down with six Nevadans and discussed with
them the hardships they face as they
struggle to save for retirement.
“Making these changes won’t be easy. We’ll
have to take on the special interests. We’ll
have to be straight with the American
people. And we’ll have to fight for a secure
retirement for working people when the fight
gets hard – and that’s precisely what I’ll
do. Because retirement security for all
Americans is worth fighting for.”
Obama’s plan to strengthen retirement
security can be viewed in full
HERE.
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