Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of H.J. Res. 88, a Congressional Review Act resolution authored by Representative McClain of Michigan, that would bar the Biden administration from spending hundreds of billions of dollars by executive fiat. On June 30 of this year, mere hours after the Supreme Court decapitated the administration's previous student loan scheme, the Department of Education unveiled its so-called Savings on a Valuable Education (SAVE) plan. Despite its deceptive name, this is without question the most expensive regulation in our Nation's history. Mr. Speaker, how bad will the damage be? The Congressional Budget Office estimates this new IDR program will actually cost over $260 billion over the next 10 years, over $100 billion more than what the Department was telling the American people. {time} 0915 But wait. There is more. Outside experts estimate the cost to be as much as $559 billion. Clearly, this is not a repayment plan, and Democrats have not been shy about their intentions for reshaping postsecondary education. Indeed, Democrats couldn't get their socialist free college fantasy through Congress, so they are attempting to shove it down the throats of Americans through the loan program by executive fiat. Mr. Speaker, millions of Americans are grasping their wallets at this news--and rightfully so.…”