Kendrick Meek: “Well, maybe he did not. But I do not think anyone has it, and I think there is a lot of Federal jet fuel being burned…”

“Well, maybe he did not. But I do not think anyone has it, and I think there is a lot of Federal jet fuel being burned flying throughout the country, lining up individuals that are excited to see the President of the United States, but who may not fully understand the fact that they are going to receive fewer benefits, that Social Security is there for them for the next 50 years, and even beyond that with 80 percent of the benefits if we did nothing as relates to Social Security. We have to make sure that we maintain and do the things that not only the Democratic Congress did along with President Reagan, making sure we kept Social Security sound for future generations, but we need to make sure we do it in a way that we are not scaring Americans and making them feel that the sky is going to fall when it is not. The only thing that is guaranteed here is that $940 billion that will then fall into Wall Street and the companies, maybe the two or three that will be chosen to handle these private accounts, that will give young Americans, or even middle-aged Americans because, remember, the President said if you are over 55, do not worry. He also told us a number of things as relates to Medicare, and we are finding out it is not true. I am not saying that the President is not being truthful with us; I am just saying we are not getting good information.”