Political Quotes

Kendrick Meek: I wanted to mention a few other things I did not mention earlier. This whole $26,300 and change of the deficit that we…

On the recordMay 4, 2005
I wanted to mention a few other things I did not mention earlier. This whole $26,300 and change of the deficit that we are talking about. Mr. Ryan, if you can put that board back up, because I think that is very, very important. Thank you, Mr. Ryan, I appreciate that. This $26,349 and change is something that we need to pay very close attention to. We did some math, and this is good math. The average American that graduates, be it with a postgraduate degree or a 4-year degree or what have you, has on average a $20,000 debt of either student loans, because of the lack of Pell grant dollars or what have you. You can buy a new car with $26,000. You can put a downpayment on a home with $26,000 and still have some left over. You could buy groceries for five families for a year with $26,000. That is a lot of money. You could start a small business with your new education with $26,000. Was this deficit delivered by the minority side? No. This deficit was delivered by the majority side. And I think it is important that Americans understand that. So if folks want to know what we stand for on this side of the aisle, I think we have made the point clear. I think Americans understand and the Members of this House understand that if we are going to approach the Social Security issue, that it has to be bipartisan, like in 1983 with Tip O'Neill and Ronald Reagan. That bipartisan bill passed this House and that is the reason why Social Security is solvent for the next 50 years. Mr.…
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Kendrick Meek
Florida

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