Kendrick Meek: “the thing about it is that Democrats, Republicans, Independents, white, black, Asian, name it, are part of the 48…”

“the thing about it is that Democrats, Republicans, Independents, white, black, Asian, name it, are part of the 48 million Americans that are receiving benefits right now. And this issue is not only in districts on the Democratic side of the aisle, but on the Republican side of the aisle. And I will tell the Members this will not hold. Now, it is not all doom and gloom because, guess what. Thank God the Democratic leadership is saying we do not want to increase the debt to go on a scheme of a $500 trillion over the next 20 years cost for individuals to have to pay more on the debt and also for individuals to lose some of their benefits. And the bad thing about what the President and some Members on the majority side, the Republican side, are proposing is the fact that they are saying that, yes, it will go up and down but over time private accounts will win. Guess what. If one is in a private account or they opt to be in a private account from the Social Security philosophy, and I must add if I said ``plan,'' I want to take that back, philosophy that the majority side has and that the President is talking about, they are going to lose, too. They are going to lose some of their benefits, too, and I think it is important that people understand that. Also, let us just put it this way: Some people may say what is the Democratic plan? I will say what is the Republican plan? Where is it? What Web site can I go to?…”