Lois Capps: “Yes, I am opposed. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows…”

“Yes, I am opposed. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mrs. Capps moves to recommit the bill H.R. 2117 to the Committee on Education and the Workforce with instructions to report the same back to the House forthwith, with the following amendment: At the end of the bill add the following: (c) Protecting Students From Higher Loan Costs and a Devalued Educational Degree.--Nothing in subsection (b) shall limit the authority of the Secretary of Education to promulgate or enforce any regulation or rule under title IV of the Higher Education Act of 1965-- (1) for the purpose of reducing the cost of higher education for students; or (2) during any year in which the interest rate for subsidized Direct Federal Stafford Loans used to purchase credit hours under such title is higher than 3.4 percent. The SPEAKER pro tempore. The gentlewoman from California is recognized for 5 minutes.”