Mr. Speaker, House Resolution 480 provides for consideration of H.R. 10, the Scholarships for Opportunity and Results Reauthorization Act, and H.R. 692, the Default Prevention Act. These bills are important steps forward on two issues of great importance to Americans: education and fiscal issues. H.R. 10, the Scholarships for Opportunity and Results Reauthorization Act, also known as the SOAR Reauthorization Act, would continue important funding provided to help young students here in Washington, D.C., reach their full potential. This legislation would provide $60 million annually for 5 years, split equally among the District's public schools, charter schools, and the District of Columbia Opportunity Scholarship Program, which enables low-income students to attend a private school that would otherwise be out of their reach. Two amendments to the bill have been made in order for consideration, one by a Republican and another by a Democrat. I have great confidence that the SOAR Reauthorization Act is a positive step for students in the District of Columbia and that, through its example, it will provide a model for success that could be adopted by States across the country. The rule also provides for consideration of H.R. 692, the Default Prevention Act. As my colleagues are all aware, the Treasury Department has asserted that its ability to use extraordinary measures to avoid reaching the statutory debt limit will be exhausted in coming days, possibly by November 3.…
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