If you don't meet the standards, then you don't qualify.
The idea is a straightforward one. We provide an account for every newborn in America, a $500 account.
I look forward to their convention and look forward to hearing the President talk about what he will do for the next four years. He hasn't done it up to this point.
The bureaucracy is not great. I don't think Rick Santorum who is not one for being a big proponent of large bureaucracies would be as enthusiastic a supporter of it.
The reality is we talk a lot about it, but we really don't give everyone an opportunity to buy into it, and this combines both the best of Republican and Democratic ideals.
I think the potential for the program at the risk of sounding self-serving is large, some would say even limitless, so I'm excited about it and I think it can even pass next year.
Republicans believe largely in the market working, Democrats believe stereotypically that you've got to give people something. So why not give people a chance to let the market work for them.
I expect the Republicans will enjoy a large bounce out of their convention. They're here wrapping themselves in the 9/11 flag, which I think is inappropriate in many ways, but it's their choice.
So we have broad bipartisan support for the bill, and it's my hope that we can build on some of the things that have been talked about in Washington involving building a larger ownership society.
I think the country is very settled in a lot of ways, and we saw that after the Democratic Convention. I think a lot of the bump that we enjoyed came when John Kerry selected John Edwards as his running mate.