let me associate myself with the remarks of my colleague from the State of Washington, Ms. Cantwell. I heard the Republican leader talk about a progrowth agenda. There is nothing more progrowth than exporting American goods and services overseas to the growing markets all over the world, and the Ex-Im Bank has a long record of providing the foundation on which our businesses, small, medium, and large, can do that. So let's bring up what the House has passed and move it through this Chamber as fast as possible. stop the student loan interest rate hike of 2012 Mr. President, I mentioned I wanted to stand this morning and speak on behalf of students all across America. In my home State of Colorado, students and recent college graduates are literally struggling with a mountain of loan debt. As a mountain climber myself, I understand that mountains can be overcome. But in an economy such as this one, where recent college graduates are struggling to find work, we need to do more. We need to do everything we possibly can to make college more affordable. And that is where we, the Congress, come in. The interest rate, as we all know, on the federally subsidized Stafford loans is set to double on July 1, barring congressional action, so we don't have much time to play political games here before the mountain of debt facing our students begins to grow even higher. Student loans play a crucial role in making higher education possible for millions of Americans.…
On the recordMay 10, 2012
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