Dick Durbin: “I would like to ask the Senator, through the Chair, it is my understanding that he just filed a procedural motion which…”

“I would like to ask the Senator, through the Chair, it is my understanding that he just filed a procedural motion which will allow us to take up a bill and debate a bill which would give an opportunity to some of the 44 million Americans currently paying college student loans. This bill, authored by Senator Elizabeth Warren of Massachusetts, would allow students to refinance their college debt down to today's interest levels--3.8 percent, if I am not mistaken, for undergraduate loans--which would make paying back their loans easier and sooner, and we have to go through a procedure of waiting 2 days in the Senate to even start talking and debating on the bill. Is that what the Senator is telling us?”