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Chuck Schumer: “More Americans are dipping into their 401s just to keep up…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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Published | Video Starts at 07:50

And it's not hard to understand why voters are so enthusiastic. People are fed up with Donald Trump and congressional Republicans. Just this morning, the Wall Street Journal ran a harrowing More Americans are dipping into their 401s just to keep up with everyday expenses. That's not what people want to do. The 401ks which people put money in that they'd want to use for other things but they knew they needed for their retirement. (07:50–07:57)

CLAIM

Asserts that Americans are increasingly withdrawing from their retirement savings to cover daily costs.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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