On the recordNovember 3, 2005
I wanted to be even more specific, because he is absolutely right. The groups that are out there trying to help those in need are opposing these cuts. Every major religious institution has sent letters to our Speaker, to this Republican leadership, asking them not to do what they are trying to do, not to harm people who are most in need, particularly in exchange for preserving tax cuts for our wealthiest citizens. Just in student aid alone, they are proposing a cut of more than $14 billion from the student aid program, which is the largest cut in history to Federal student loan programs. On top of that, it increases the cost for student borrowers who are already saddled with about $17,500 in debt. They will be forced to pay $5,800 more for their college loans. In my community that is really real money.
Source
govinfo.gov




