Bill Pascrell: “If nominated, I will not run. This is an interesting subject, not only for the elderly like myself, but for young people…”

“If nominated, I will not run. This is an interesting subject, not only for the elderly like myself, but for young people who need to know about Social Security. Many times, younger folks, like myself when I was younger, I didn't talk about Social Security too much. I didn't concern myself with what was going to happen when I was 65 years of age--or now 66, as the chairman pointed out. But this is going to happen. I hate to tell you: You are going to get older. Mr. Speaker, you are going to get older. You are going to be 66, and then you are going to be 67, et cetera. Then you are going to have to address whether or not there is enough money in this insurance plan for you. The chairman needs all the credit in the world because we are living in a time when people do not want to address the problems that every American is going to face. It doesn't matter whether you are this party or that party. You are going to be affected by it. Many people treat Social Security like they treat their health: I am not sick. I am 25 years of age. I am healthy. Why in God's name do I need to be covered by insurance? Does that sound familiar? We have a big debate going on as to whether we should mandate the Affordable Care Act. All boats have to rise, or they will all fall. Secondly, let's put this into a timeframe, as Chairman Larson alluded to. Let's put it in a timeframe. I compare it to, if I may, an analogy of apples and oranges. Allow me that, please.…”