Political Quotes

On the recordJune 14, 2013
I thank the gentleman for those comments, and I look forward to us doing that and, hopefully, doing so in a bipartisan fashion because he and I both agree that the system is broken, needs to be fixed. And my view, and I think the view of many, and certainly the Senators who came together and offered the bill that's now being considered on the Senate floor, believe that a comprehensive plan was the best answer. And I agree with that. Lastly, if I can ask the majority leader, the student loan program, which has capped interest on student loans at 3.4 percent, expires the end of this month, and therefore we're weeks away from having a substantial increase, a doubling of student loan costs. {time} 1330 The President has a proposal. We passed a proposal through this House, as you know, Mr. Leader. Both of those proposals were defeated on the Senate floor for lack of 60 votes. The Senate alternative, which Mr. Bishop has now introduced, got 51 votes, but neither of them got 60 votes. Can the gentleman tell me whether or not--it's not on the calendar for next week--there's any plan to address the issue, beyond what we've already done and which has been rejected in the Senate, to ensure that students do not see a doubling of interest rates in the near future? And I yield to my friend.
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Steny Hoyer
Democratic · Maryland

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