H.J.Res. 66: Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by States for non-governmental employees
H.J.Res. 67: Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by qualified State political subdivisions for non-governmental employees.
SUMMARY: These resolutions would block states from helping their citizens save money for retirement. Last year, the Department of Labor gave states the OK to provide new savings options to workers who are not offered a 401(k) or other retirement plan at their job. These resolutions would rescind the Dept. of Labor regulations.
Paulsen voted YES
TAKEAWAY: Paulsen’s vote on H.J.Res. 66 and 67 hurts people trying to save for retirement and benefits fat-cat Wall Street bankers. Paulsen demonstrates again that he favors the interests of Wall Street over the interests of the American people.