On the recordJuly 24, 2014
I know we are hearing a lot from the other side about how this ought to be paid for, but they, frankly, exempted this from PAYGO. Well, what does that mean? They said this doesn't need to be paid for--this is such important policy--because if we can get people started on the road to an education by getting a college degree, their chances of succeeding economically in life are so much better. And that really has become a basic for succeeding in America today is to get that bachelor's degree. I know they are concerned about the graduate students, but, frankly, the Tax Code isn't there for those going to Harvard Law and Stanford Medical School. And there are other provisions that help provide for students: grants, loans, and scholarships. This is about how can the Tax Code, how can all Americans help those get that basic level of education that gets you that bachelor's degree that gets you on the road of economic opportunity, because if we don't have an upwardly mobile society, we actually put at risk the American Dream. With that, I yield such time as she may consume to the gentlewoman from Tennessee (Mrs. Black), a distinguished member of the Ways and Means Committee, and I ask unanimous consent that the gentlewoman from Tennessee (Mrs. Black) control the remainder of the time. The SPEAKER pro tempore (Mr. Womack). Is there objection to the request of the gentleman from Michigan? There was no objection.
