On the recordApril 27, 2012
I thank the gentleman, and I thank all of our participants today in calling attention to the fact that Democrats have proposed ending tax subsidies for oil and gas companies so that we can use those savings and actually help to pay for need-based college loans where they are and to help pay down the deficit. Republicans are cutting taxes for the wealthiest Americans, and they're throwing that debt onto students and families. To be clear, this is not a partisan issue. It's a student issue; it's a family issue; it's an American issue. It's about our competitiveness in the economy. And I want to call all young people across this Nation of all political persuasions to reach out to their Members of Congress and say, stop the increase on student loans from doubling from 3.4 percent to 6.8 percent, costing millions of dollars to students across this country. With that, I yield back the balance of my time. ____________________
