US Presidency
2002

I ask Congress to enact new safeguards for 401 K and pension plans. Employees who have worked hard and saved all their lives should not have to risk losing everything if their company fails. Through stricter accounting standards and tougher disclosure requirements, corporate America must be made more accountable to employees and shareholders and held to the highest standards of conduct. Retirement security also depends upon keeping the commitments of Social Security, and we will. We must make Social Security financially stable and allow personal retirement accounts for younger workers who choose them. Members, you and I will work together in the months ahead on other issues: productive farm policy; a cleaner environment; broader homeownership, especially among minorities; and ways to encourage the good work of charities and faith-based groups. I ask you to join me on these important domestic issues in the same spirit of cooperation we've applied to our war against terrorism. During these last few months, I've been humbled and privileged to see the true character of this country in a time of testing.