Political Quotes

On the recordFebruary 11, 2014
As I have listened to debate on the floor of the House, I have seen that Members are coming from all regions of the United States, which means that, in fact, this will be impacting all of our constituents. So I would hope Republicans would join the Democrats who will vote by and large, almost near 100 percent, to do what the Federal Reserve former Chairman Ben Bernanke said is to avoid a government shutdown. And perhaps even more so, a failure to raise the debt limit could have very serious consequences for the financial market and for the economy. More importantly, it will cost student loans much more to our young aspirants who are attempting to develop an expertise to contribute to this society. A longer default could increase payments by $2,000 of 531,327 Texas students who rely on loans to go to college. Mr. Speaker, I don't want to do that. Higher interest rates for mortgages and auto loans and student loans and credit cards--Mr. Speaker, I don't want to do that. Families' retirement savings and 401(k)s dropping as the stock market plummets, reminding us of about 4 years ago when we had one of the worst plummets that we have ever experienced during the last administration. 3.4 million veterans not receiving their disability--I know we do not want to do that. Ten million Americans not receiving their Social Security check on time in just the first week--we cannot do that.…
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Sheila Jackson Lee
Democratic · Texas

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