On the recordJune 13, 2013
I would be happy to address the Senator's question. No, we haven't. The President's proposal--and I said there are parts of it I don't agree with--makes loan forgiveness tax free. Maybe what we ought to debate is whether we are going to make college tuition free, because this is a race for who can make it the cheapest on the backs of the American taxpayer--when we are $1 trillion out of balance, $1 trillion we spend. Excuse me, we have new numbers: $646 billion this year, projected to go up next year. We are accruing debt on this country's books at a rate nobody ever dreamed. We are still talking about constructing programs that financially are unsustainable because we are using somebody else's checkbook. This is the definition of insanity. Therefore, I would object to the Senator's original request. The PRESIDING OFFICER. Objection is heard. The Senator from Massachusetts.
