04/12/2016
https://congress.gov...
"Well today, myself and Senator Peter Welch in the Senate, are introducing the Interest Elimination, Student Loan Interest Elimination Act."
"I have been on it for a while, and I was around in 2007 when the College Cost Reduction Act, a bipartisan bill that was signed into law by President Bush was signed, that cut the interest rate from 6...."
"We did it very carefully to avoid that dynamic, which in the past has always been how you pay for it."
"It is incumbent, I believe for us, to act as a congress, and certainly this Committee has an essential role to doing that."