Political Quotes

On the recordJune 29, 2012
the bill before us today takes several important steps in several policy areas to move our Nation forward. It prevents a pending student loan interest rate hike that would make college less affordable for American students and their families. It makes important investments in our roads, bridges, and other transportation infrastructure, investments that will put Americans to work today and make our economy more competitive for years to come. It reauthorizes the Flood Insurance Program that provides security to millions of Americans, while making the program more efficient and more fair to States such as Michigan that for too long have paid more in premiums than they receive in benefits. While this legislation does not include everything I had hoped for or supported, it makes significant progress on issues our constituents need us to address. Millions of Americans will be relieved that this bill avoids a looming increase in student loan interest rates. On July 1, those interest rates are scheduled to double, an increase that Americans already struggling to pay for higher education simply cannot afford. Extending the current 3.4 percent interest rate for another year lifts a significant burden, financial and emotional, from students and their families who were looking to us for aid. I am pleased Senate and House conferees have come to an agreement on a transportation reauthorization. Reauthorization of our Nation's transportation programs is long overdue.…
Said by
Mike Levin
Democratic · California
Source
govinfo.gov
Jun 29, 2012

Share

More from Mike Levin

Aug 2, 2026

When Michaelle’s son Tristan was diagnosed with an ultra-rare genetic condition, she and her husband, Kevin, refused to accept that there was nothing to be done.

levin.house.gov
Aug 24, 2026

We urge your timely submission of these required reports to Congress, and that you lift the procedural hurdles to clean energy deployment that the Department has implemented.

levin.house.gov
Jul 1, 2026

A government should work for the people, not for whoever writes the biggest cheque. Open the bridge.

nationalpost.com
Jul 23, 2026

There is no justification for it and no clear strategy.

levin.house.gov

Other voices in this conversation