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A boost for Americans’ retirement funds

| Posted in Articles

As our nation continues to build back from the devastation of the COVID-19 pandemic, Congress should address a key issue that will strengthen Americans’ financial security and resiliency: retirement policy. There’s a retirement crisis in the United States that began long before the pandemic upended our economy. Millions of Americans are on course either to lack the financial ability to…

Neal Floor Statement on the Securing a Strong Retirement Act of 2022

| Posted in Press Releases

(As prepared for delivery) M. Speaker, H.R. 2954, will help Americans successfully save for a secure retirement by expanding coverage and increasing retirement savings, simplifying the current retirement system, and protecting Americans’ retirement accounts. Retirement security has consistently been one of my top priorities as the Chairman of the Ways & Means Committee. Too…

Neal Applauds House Passage of Retirement Legislation

| Posted in Press Releases

Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after the House of Representatives passed the Securing a Strong Retirement Act of 2022: “After a lifetime of hard work, no American should face financial uncertainty in their old age. This bipartisan legislation will make it easier for workers to save and plan for their futures. In advancing…

House Votes to Expand Tax Benefits for Retirement Savings

| Posted in In the News

The House overwhelmingly passed legislation that would expand the tax benefits for retirement accounts to bolster the savings of Americans, many of whom have nothing banked for after they stop working.   The legislation, approved on a 414-5 vote, creates a tax credit of up to $1,000 per employee for small businesses that offer a savings plan. The bill also expands a tax…

Chairman Neal Statement on President Biden’s FY23 Budget

| Posted in Press Releases

Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement regarding President Biden’s Fiscal Year 2023 budget: “This budget frames the Biden Administration’s vision for how we can continue the momentum of the past year and bolster the nation’s strong recovery from the COVID-19 crisis. We must invest in ongoing efforts to fight the pandemic and…

Neal Issues Request for Information on Health Care Industry’s Impact on the Climate Crisis

| Posted in Press Releases

Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) issued a Request for Information (RFI) soliciting input from 12 health care organizations regarding their work to combat the climate crisis. This initial request seeks feedback from a number of organizations that have positioned themselves as “early adopters” of efforts to address climate-related issues. “The impact of the…

Neal Statement on 12th Anniversary of Affordable Care Act

| Posted in Press Releases

Today, House Ways and Means Committee Chairman Richard E. Neal (D-MA) marked the 12th anniversary of President Obama signing the Affordable Care Act into law with the following statement: “The Affordable Care Act has dramatically improved the American health care system while shoring up the economic and health security of so many in need over the last 12 years. I cannot fathom what the…

AmCham Presents Kennedy-Lemass Medal to Richard E. Neal

| Posted in Press Releases

The American Chamber of Commerce Ireland (AmCham), on St. Patrick’s Day 2022, awarded its highest honour – the Kennedy-Lemass Medal – to Chairman Richard E. Neal, in recognition of his tireless work to bring peace to the island of Ireland and deepen the bonds of friendship between the US and Ireland. The Kennedy-Lemass Medal honours US citizens of Irish heritage who have made a…

Congressman Richard E Neal awarded Kennedy-Lemass Medal

| Posted in In the News

US Congressman Richard E Neal has been awarded the Kennedy-Lemass Medal by the American Chamber of Commerce Ireland “in recognition of his tireless work” to bring peace to the island of Ireland and “deepen the bonds of friendship between the US and Ireland”. The Kennedy-Lemass Medal honours US citizens of Irish heritage who have made a significant contribution to the…

Neal Statement on House Passage of Ways and Means Legislation to Suspend Normal Trading Relations with Russia and Belarus

| Posted in Press Releases

Today, House Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after the House passed H.R. 7108, the Suspending Normal Trade Relations with Russia and Belarus Act. “As Russia continues its horrific, unprovoked war on the Ukrainian people, the House is moving to inflict even greater economic pain on Russia and Belarus. In conjunction with the energy…

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