Congress passed legislation mandating
The second would prevent people on the terrorism watch list from buying guns or explosives, something currently allowed, the Democrats said. Rand Paul, R-Kentucky, is now blocking progress on a spending bill for transportation and housing programs that is currently on the floor because he is insisting on getting a vote on his amendment that is aimed at preventing Syrian refugees from entering the United States.
Unless the GOP presidential candidate relents, this may delay passage of the underlying funding bill until after the Thanksgiving recess when Senate Majority Leader Mitch Mc Connell can take the time consuming procedural steps to overcome Paul's objections. Ted Cruz attempted to quickly move two bills of his that would address the refugee laws.
By targeting the novel “auto IRA”-style programs, congressional Republicans are also provoking one of California’s most visible leaders, state Senate President Pro Tem Kevin de León, the Democrat who championed the policy in California and nationwide and is leading a movement in the Legislature to resist the Trump White House.
“The solution for more access to retirement savings is not by more government involvement that skirts nationally recognized safeguards,” his office wrote in an email. They say the states need flexibility from some of those federal rules in order to lessen the burden on employers subject to the new law, whose only obligation under the current design is to set up the payroll deductions like those already required for unemployment insurance or workers compensation.“Groups that represent large financial institutions and insurance companies have a long history of fighting this,” said Yvonne Walker, who chairs the retirement security committee for SEIU International.
“They don’t want to be in what they think will be competition with the state.
The 2016 law being targeted requires employers to enroll 6.8 million California workers who currently have no access to a retirement savings account at work in a state-sponsored plan.
Millions more in seven other states that have passed laws similar to California’s would also be enrolled in those states.