As MAGA House Republicans Push for Government Shutdown, Committee GOP Advances Partisan Messaging Bills

Date: Sept. 14, 2023
Location: Washington

"By this point in the last Congress, Congressional Democrats had already passed the American Rescue Plan Act--which delivered the largest, one-time federal investment in K-12 education in U.S. history and solved the multiemployer pension fund, saving over a million pensions and tens of thousands of businesses who were legally obligated to pay into those failing plans until the businesses went broke. We'd also advanced the bipartisan infrastructure bill to help rebuild America's roads, bridges, public transits, and other infrastructure, while also creating millions of jobs. And we'd passed the CHIPS and Science Act, which strengthened America's supply chains and revitalized the manufacturing industry. But we haven't done anything approaching that kind of record in this Congress.

If enacted, H.J. Res. 88 would prevent the Biden Administration from implementing this plan, sending the student loan system into disarray and further forcing many borrowers into loan delinquency or default.

H.R. 5339, the RETIRE Act, H.R. 5337, the Retirement Proxy Protection Act, and H.R. 5340, the Providing Complete Information to Retirement Investors Act--these bills inject partisan politics into workers' investment decisions for retirement. These bills are premised on the Republicans' mistaken view that they know best when it comes to ESG investing, while Committee Democrats continue to trust the professionals who are legally bound to make prudent decisions on behalf of retirement plan participants."


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