Political Quotes

“I ask unanimous consent that the Warner substitute amendment at the desk be agreed to; the bill, as amended, be considered read a third time and passed; and that the motion to reconsider be considered made and laid upon the table. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment (No. 5097), in the nature of a substitute, was agreed to as follows: (Purpose: In the nature of a substitute) At the appropriate place, insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the ``Joint Consolidation Loan Separation Act''. SEC. 2. SEPARATING JOINT CONSOLIDATION LOANS. (a) In General.--Section 455(g) of the Higher Education Act of 1965 (20 U.S.C. 1087e(g)) is amended-- (1) by striking ``A borrower'' and inserting the following: ``(1) In general.--A borrower''; and (2) by adding at the end the following: ``(2) Separating joint consolidation loans.-- ``(A) In general.-- ``(i) Authorization.--A married couple, or 2 individuals who were previously a married couple, and who received a joint consolidation loan as such married couple under subparagraph (C) of section 428C(a)(3) (as such subparagraph was in effect on June 30, 2006), may apply to the Secretary, in accordance with subparagraph (C) of this paragraph, for each individual borrower in the married couple (or previously married couple) to receive a separate Federal Direct Consolidation Loan under this part.…”