I would presume--and we are getting into some hypotheticals, which I think is worth getting into, and I think the answers so far have reflected the fact this is a legitimate amendment that is not going to destroy the bill, but is just trying to get at the core issue of fines versus funding. But I think in that context you would presume that the agreement that had been worked out which would have drawn down the revolving fund would have interest rate language in it. I know of very few that do not have interest rate language in them. So I presume that would be a fund advantage.
Sen. Judd Gregg: “I would presume--and we are getting into some hypotheticals, which I think is worth getting into, and I think the…”
Editor's note · Context
Discussing a proposed amendment related to funding and interest rates during a legislative debate.
Share
More from Sen. Judd Gregg
If funds are available and there is a contractual obligation, it seems to me the fine is assessed.
The Federal Government should not shift the costs of administering Federal programs to the States and local governments. I really do not think anything could be clearer as a statement of intent. It is a very appropriate statement of intent…
My reaction is it's a genuine and sincere effort to try to free up the credit markets and especially to balance and get balance into the real estate markets which is at the core of the financial problems.
It is very specific. It says quality, availability of curriculum instruction, materials and technology. That is not designing math courses. That is saying whether or not you are going to teach Euclidean geometry or some other type of…





