Greg Murphy: “First and foremost, I want to say how deeply I appreciate Mr. Price's hard work over the last couple of years on S.…”

“First and foremost, I want to say how deeply I appreciate Mr. Price's hard work over the last couple of years on S. 1098. I thank him very much for his efforts on this key and very bipartisan issue. It is clear that there is bipartisan support that victims of spousal abuse should be able to sever these consolidation loans without penalty or delay. I don't think that is the question. The question here is the change in the calculus because of what President Biden has done. While I support the intention of this bill to separate these loans, President Biden's unconstitutional, only-able-to-be-done-because-of- his-abuse-of-power student loan giveaway has drastically changed the context in which we consider this bill. The President, in his actions, has undermined what was a clear bipartisan effort. S. 1098 gives the administration the authority and creates a pathway which could be used for loan forgiveness, again taking money from people who didn't benefit from a college education and making those individuals pay for it. Once these loans are separated into the Direct Loan Program, these loans will be eligible for Biden's near-trillion-dollar student loan giveaway. Republicans made a good-faith effort to amend this legislation to protect taxpayers, but Democrats refused to close this loan forgiveness loophole.…”