[Congressional Record Volume 150, Number 131 (Tuesday, November 16, 2004)]
[House]
[Page H9689]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WHAT DOES RAISING THE DEBT LIMIT MEAN FOR AMERICAN FAMILIES?
(Ms. SOLIS asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Ms. SOLIS. Madam Speaker, today I rise because I am concerned about
the impact of raising the debt limit on American families.
One of my constituents recently wrote to me just 2 weeks ago
questioning the credibility of the U.S. Government and wondering about
her Social Security benefits. The median income in my district is
approximately $41,394. The average Social Security benefit is only
$11,940 per year. Seniors, children and veterans depend on Federal
programs like the Pell Grant program, Social Security and Medicare. Our
veterans especially, many of whom are disabled and many struggling
financially, deserve these benefits. Yet America's growing debt will
ensure that our children and our grandchildren are overtaxed for the
rest of our lives.
We need to have a plan to control the deficit. Democrats are fighting
to put the budget on a pay-as-you-go system. Do not spend more than you
earn. That is what our households are demanding, and we should take
that advice here in the U.S. House of Representatives.
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