Barney Frank: “before I yield, I just would say sometimes we have debates about where does wealth begin and what is middle class, et…”

“before I yield, I just would say sometimes we have debates about where does wealth begin and what is middle class, et cetera. I guess I would differ with the gentleman from California that if you have $100,000 in the bank, you are a little guy, but if you have $130,000, you are rich. I think that unduly compresses the middle class. I think much more is being made, frankly, over $30,000 than is deserved. Mr. Chairman, I yield 3 minutes to the gentlewoman from Oregon (Ms. Hooley).”