Political Quotes

Chris Murphy: One of the miracles of what is happening here, we are starting to change those priorities without spending more money in…

On the recordJune 20, 2007
One of the miracles of what is happening here, we are starting to change those priorities without spending more money in order to do that. You can tack onto your list of help to kids and families the fact that we passed legislation that could bring on average $4,000 in relief to students by lowering the interest rate on student loans. That is $4,000 back in the pocket of a young man or woman graduating from college, that is going to be looking to pile on a mortgage on top of their debt. And we did it at no additional expense to the taxpayers. We changed in a small way the amount of money that we guarantee to banks, and the banks are doing pretty well out there already, and we got $4,000 back in the pockets of American students and graduates without costing anybody else a dime. Same thing on the energy policy.
Said by
Chris Murphy
Democratic · Connecticut

Editor's note · Context

Discussing legislation that provides financial relief to students by lowering interest rates on loans.

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