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Sunday, August 01, 2010

Ryan Votes Against Protecting Seniors From Fraud

The House of Representatives passed the Senior Financial Empowerment Act. Introduced by Rep. Tammy Baldwin (D-WI), the legislation aims to protect seniors targeted by fraudsters and financial criminals.

The Federal Trade Commission reports that nearly one in five seniors are defrauded each year. Additionally, according to a report by MetLife Mature Market Institute, "the annual financial loss by victims of elder financial abuse is estimated to be at least $2.6 billion dollars."

With strong bipartisan support, the legislation passed by a vote of 335 to 81. But 79 Republicans, nearly half of the caucus — including Wisconsin Republicans, Sennenbrenner, Petri and Paul Ryan - voted against the legislation.
Wisconsin Internet News Excerpt:
“Representative Baldwin is one of the foremost champions of elder justice in Congress,” said Robert Blancato, National Coordinator for the non-partisan, 650-member Elder Justice Coalition. “Financial abuse, including the newest form, Internet abuse, costs seniors billions a year and must be addressed. Enacting this bill is one key solution,” Blancato said.

Related: Heckenlively - Ryan Votes Against First Responders.

Man-o-man, just one after the other here. Is there anything Ryan ever does for the little people?

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