On the recordJuly 10, 2006
I think that is exactly it and I know Mr. Meek has points he wants to make, but I think Members of Congress and average Americans need to ask themselves just one question, and we will just pick two of these. Implement mentally this in your mind if you are an American. We will raise the minimum wage to $7.50 an hour in the first week we are here, and we will then cut your student loan interest rates in half. Whether they are parent loans or student loans, your rate will be cut in half if Democrats are in. Let us just pretend we will not do anything else, and we have got binders full of ideas here that we will implement, broadband access, tax cuts for venture capital that was basically written by the high-tech industries who Nancy Pelosi sat down with to make sure how do we get the country up and running again. But just say we do those two things, we are not saying we are going to overpromise. We are saying in first day or two we are going to pass the minimum wage and we are going to reduce college loans by half. What would that do? That will save students $4,000 or $5,000 over the course of their loans, parents the same way, and the minimum wage will be increased unfortunately just a few thousand dollars a year. Hopefully, if we take the majority back in a significant number, along with the Senate, we can do maybe even more. But just picture those two things and the impact it would have on your life.
Source
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