Political Quotes

“I thank the gentleman for yielding. It is a pleasure to join my friends from Texas on the floor today to honor Senator Kay Bailey Hutchison and the work that she did with creating the Spousal IRA. Look, back in the 1990s, I was just a regular guy practicing medicine back home in Texas. What did I know about this stuff? Well, not much. But what I did know was that for the 15 years that I had been in private practice, my wife and I had shared our contribution to our IRAs every year. That meant each of us was able to deposit $1,100 every year into the IRA account. Well, I've got to tell you, it's pretty frustrating to try to save for retirement when every year your contribution is limited to that rather austere amount. So it was a very big day, and I remember that day when we actually both were able to make the full contribution to our IRA accounts, and it was because of the hard work done by Senator Hutchison. She never forgot her constituents back in Texas. She never forgot women--yes, women in the workforce, but also those women who were exercising their option to spend all of their energies raising their children and raising their families. It was a great day for Texas, for Texas constituents when that tax bill was passed, and we are very grateful to Senator Hutchison for her leadership. It is appropriate that we honor her tonight with the naming of the Spousal IRA in her honor.”