On the recordApril 26, 2012
I thank the gentleman for yielding and for giving us this opportunity to talk about a choice we have here today. Everybody knows that what is essential to a democracy is the education of our children, of investments in the future so that people can reach their own personal self-fulfillment and provide for their families but, also, so that our country can be competitive in the global economy. It is a very important part of the American Dream. {time} 1310 Democrats believe in imposing ladders of opportunity where people can have the opportunity to succeed if they want to work hard, play by the rules, take responsibility. An important rung of that ladder is education. We all know the impact that the GI Bill had on America's great middle class, growing America's great middle class, the education of our returning veterans to our country, enabling them to have more education than their parents, and that has been the way it has always been in our country's history, the enduring theme of reigniting the American Dream. So we have a challenge before us, because the clock is ticking on a July deadline. At that time, left to the budget of the Republicans, the Ryan-Republican-Tea Party budget, there would have been a doubling of interest rates from 3.4 percent to 6.8 percent. We've been having this debate for a while on how we could stop that doubling from happening. Republicans told us they were tired of hearing about the interest rate debate.…





