Political Quotes

“Madam President, continuing my objection, I am appalled. I am, frankly, appalled. Out of the student loan program, the Democrats push $8.7 billion to the Affordable Care Act; $8.7 billion of student loan-designated money is going to pay for ObamaCare. I realize the Senator wasn't here when the vote was made, but it is $8.7 billion. To suggest that trying to be fiscally responsible is an insult to this generation of students when they are sending $8.7 billion to a health care plan out of the student loan fund is incredible. Let me go a step further. The Senator quoted from the Congressional Budget Office. Let me quote from the Congressional Budget Office as well: Taking account the cost of market risk significantly reduces or eliminates the savings estimated for student loans under the FCRA approach, making student loans costly to the Federal government in most years during the coming decade. Maybe you can pick these out that say we can make money off this, but I am not sure it says it any clearer than that it costs the American taxpayers money. Let me say I am fine with subsidizing student loans. I am not objecting to that. I didn't object to the President's proposal. I offered the President's proposal. I am sure the President is going to be shocked to find out it doesn't solve the problem because the Secretary of Education surely believes it does. Here is what I object to.…”