Virginia Foxx: “I need to remind my colleague across the aisle we're not debating an adjournment resolution here today. I also need to…”

“I need to remind my colleague across the aisle we're not debating an adjournment resolution here today. I also need to remind my colleague across the aisle that it was the Democrats that set this student loan problem up. They made promises in 2006 to the American people they couldn't keep; and so they set up a time bomb, actually, so that the interest rates on the student loans would go back up because, again, they made promises they couldn't keep about lowering the rate of interest. It affects a very small number of students, and it only affects them when they graduate from college, Mr. Speaker. If the Obama economy weren't so lousy and only 50 percent of the students graduating were getting jobs, it really wouldn't be that big an issue because it's a very small amount of money to the students. And if they had jobs, they wouldn't be quite so concerned about it. They only have to pay those loans back after they graduate because we're subsidizing interest while they are in school. So I think our colleagues don't really want to go in that direction and talk about blaming Republicans for this mess with student loans, since they created it. And if the students were getting jobs, most of them wouldn't be as concerned about it as they are now. Also, on the transportation bill that our colleagues tout so well, again, it fits right into their philosophy of borrow, borrow, borrow; spend, spend, spend.…”