Alan J. Yeck
The Strong Retirement Act of 2020 is a bipartisan bill proposed by Congressmen Kevin Brady, R-Texas and Richard Neal, D-Mass. I want you to focus on the student debt part, they so kindly included. The bill would allow businesses to pay a 401(k) match to workers paying off student loans, even if those borrowers aren’t saving in the company retirement plan. In a summary of the bill, they state “The idea is that employees who are overwhelmed with student debt may not realistically be able to save for retirement, and thus are missing out on available matching contributions.”
What the WTF? So instead of addressing the multiple issues and corruption in the student loan industry, the source of the problem, they’re going to concentrate on the symptom of being “overwhelmed by student debt,” and let the company contribute to a 401(k) that I’m sure the government, via Navient, et al, will garnish later (if you weren’t aware our cowardly judicial system will enforce garnishments on wages, tax returns, social security payments to collect on student loans that were fraudulent to begin with).
Congressmen – listen to your own bill! “…employees who are overwhelmed with student debt may not realistically be able to save for retirement.” Why are they overwhelmed with student debt? Because of bogus efforts like this that do nothing to fix the student loan scam you (i.e. Congress) created for the American people. Holy shit. How crooked can our politicians be?
Two different people, two different parties, two different states. You know politicians don’t drink public water there so it has to be the air in those old buildings. They’re probably breathing in a mixture of their own hot rhetoric combined with skin microparticles from hundreds of years of old white men. Their brains, and their souls, are gone.
#corruption #altraged #dirtypolitics #business #studentloandebt #highereducation #highereducationleadership #innovation #blm #womensrights