Political Quotes

Jim Kolbe: “No, Mr. Chairman, that is simply not true. Mr. Chairman, reclaiming my time, student loans are not being cut. First of…”

On the recordMay 16, 1996
No, Mr. Chairman, that is simply not true. Mr. Chairman, reclaiming my time, student loans are not being cut. First of all, Pell grant will go up, the total dollar volume of student loans will go up under the Republican budget. The only thing that we are talking about cutting is cutting the very wasteful, bureaucratic direct student loan program. We are going to reduce some of the money that goes in subsidies to bankers. But we are not cutting the number of student loans or the amount of student loans. Let us make that very clear.
Said by
Jim Kolbe
Arizona
Source
govinfo.gov

Editor's note · Context

Addressing concerns about student loan funding during a budget discussion.

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