Bill Delahunt: “And by the way, Mr. Ryan, it was interesting tonight on ABC News, for the 16th straight meeting of the Federal Reserve…”

“And by the way, Mr. Ryan, it was interesting tonight on ABC News, for the 16th straight meeting of the Federal Reserve, interest rates were raised. You know what that means, Mr. Speaker? That means that if you have an adjustable rate mortgage on your home, you are paying more money. You are paying more than that $30 that this Republican Congress refunded to 77 percent of American families today. You are paying a lot more. And the reason is that because of the reckless spending that Pat Toomey refers to here, because of the reckless spending, you are jacking up interest rates, Mr. Speaker. The majority party in this House, in this Senate, is complicit with the White House in terms of hidden costs like mortgage interest, like credit card interest. A while back it was 11 percent on your credit card. You know what it is today, Mr. Speaker? Today, the average interest rate on your credit card, it is 16 percent. You think that is a savings for the American people? You wonder what's wrong. And Ms. Wasserman Schultz tells us that the median income for a family in this country has actually declined. And you think the economy is good?”