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Hands off our retirement savings! (Rep. Michele Bachmann)

by Rep. Michele Bachmann (R-Minn.) - 05/04/10 1:55 PM ET

I am a member of the House GOP Savings Recovery Solutions Group, and yesterday my colleagues and I sent a letter to Labor Secretary Hilda Solis and Treasury Secretary Timothy Geithner urging the Obama Administration to keep its hands off of the retirement savings of Americans. We stressed that any proposals to dismantle or nationalize the private 401(k) system in favor of a government-run retirement security regime must be rejected.

You can read a copy of the letter here.

We can do better than a government power grab, and I have cosponsored the Savings Recovery Act that would help Americans rebuild their retirement, college, and personal savings.

Cross-posted from Townhall.com

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