“They tried to rebuild their radar because they can't see anything. We waited until it was almost built and then we hit it.”

Political Quotes

Steven Holt: “I rise in support of H.R. 5186. It is an improvement over current law. But it fails to address the problem. It ignores…”

On the recordOctober 6, 2004
I rise in support of H.R. 5186. It is an improvement over current law. But it fails to address the problem. It ignores the Government Accountability Office's recommendation to immediately stop lenders from issuing new loans at 9.5 percent. It ignores the GAO's recommendation to close the loophole permanently. It allows hundreds of millions of dollars in new loans to be issued at the bloated rates of 9.5 percent. It denies additional loan forgiveness to 10,000 teachers working in the Nation's most needy public schools. It chooses special interests over taxpayers by allowing the loophole to continue for up to 40 percent of the 9.5 percent loans. As the outcry around the country over this wasteful subsidy increased, the Republicans decided to move last-minute, half-baked, barely adequate legislation.
Said by
Steven Holt
Source
govinfo.gov

Editor's note · Context

Discussing the shortcomings of the Taxpayer Teacher Protection Act during a House floor debate.

Share

Share on XShare on FacebookEmail this quote

More from Steven Holt

Jul 29, 2014

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from New Jersey will be postponed. Amendment No. 4 Offered by Mr. Duffy The Acting CHAIR. It is…

govinfo.gov
Nov 18, 2014

I thank my good friend from Oregon. I rise in opposition to this legislation, H.R. 1422, as yet another attempt to gut the EPA and to reform it into an advocate for industry. Now, the proponents make claims that sound noble and virtuous…

govinfo.gov
Dec 10, 2014

As one who has also chosen to step aside at the end of this term, I want to recognize and thank two legislative giants, Henry Waxman and George Miller. They came at the same time. Although they are very different people, each shows…

govinfo.gov
Jun 19, 2014

This amendment answers questions millions of Americans have asked: Will we stop the government's unconstitutional searches of Americans' stored communications? Will we prohibit the government from deliberately sabotaging the security of…

govinfo.gov
View all Steven Holt quotes