Political Quotes

“My colleague is accusing Republicans of increasing taxes on students. That is a laughable accusation, especially when you look at the number of proposed tax increases included in the Democrat budget resolution. It's almost as disingenuous as their calling for dedicating the 10-year savings generated by the underlying bill to higher education. After all, in 2010, House Democrats passed the Student Aid and Fiscal Responsibility Act, SAFRA, which included language that put $13 billion in savings toward deficit reduction. In the final version of SAFRA, Democrats siphoned approximately $9 billion of the $19 billion in savings to pay for ObamaCare. The rest of those savings went to deficit reduction. The Smarter Solutions for Students Act is a fiscally responsible plan that generates a small amount of savings based on CBO estimates. It stabilizes Federal loan programs for future generations of students and gets Washington out of the business of setting student loan interest rates. With that, Mr. Speaker I reserve the balance of my time.”