WASHINGTON, Dec. 3 -- Sen. Cory Booker issued the following press release:
Today, U.S. Senators Cory Booker (D-NJ) and Todd Young (R-IN) introduced the Emergency Savings Enhancement Act, legislation to help American workers and families save for unexpected expenses without having to tap into their retirement accounts. U.S. Representatives Eugene Vindman (D-VA-07) and Glenn "GT" Thompson (R-PA-15) are leading companion legislation in the House.
"For millions of working families, an unexpected expense can quickly push them into financial turmoil-even more so as families face rising costs of rent, groceries, and other essentials," said Senator Booker. "In 2022, Senator Young and I passed legislation to create emergency savings accounts to he...