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This is a simple change that will provide a huge financial boost for many Americans, particularly low- to moderate-income families. It is an important step in making sure we do everything we can to encourage all Americans to save and plan for the future.

The financial crisis and the Great Recession demonstrated, in a dramatic and unmistakable manner, how extraordinarily vulnerable are the large share of American families with very few assets to fall back on. We have come far from the worst moments of the crisis, and the economy continues to improve.

Experience taught me that working families are often just one pay check away from economic disaster. And it showed me first-hand the importance of every family having access to good health care.

We have thousands of patients and family members who are dealing with dual devastation, cancer and the hurricane.

The breakdown of the American family's having a disastrous impact on our economy.

When families save, they can get through emergencies like a bad harvest or a medical emergency. But it's more than that. They can also plan for the future, gradually saving up for a small business or for their children's school tuition.

Many Americans are unaware that we still have a large population of working families, elderly, and children who rely on emergency food pantries, shelters, and other resources to meet their nutritional needs.

Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.

America is the only high income nation without a paid family leave program. This means that if you or a family member gets sick, there is no guarantee that you can take the time you need to take care of yourself or your loved one, leaving already vulnerable families in the position of making hard decisions in cases of illness.

We must solve the problem in health care by curbing out-of-control costs that erode paychecks for working families and push quality coverage out of reach for millions of Americans.