Political Quotes

On the recordMay 23, 2023
This GAO report highlights the failures of the last administration in addressing this crisis we are talking about today. The rule also makes in order two Congressional Review Act disapproval resolutions. H.J. Res. 45 would roll back the student loan payment pause to last October. It would create chaos and instability for millions who are living check to check. Let's remember why student loans were paused in the first place. Let's remember how dark and horrible it was when the pandemic first hit. Remember how scary it was when COVID-19 started and the economy was in free fall? People lost their jobs. They were struggling to pay rent. We didn't know what the future held. A pause to student loan payments was the right response to a public health emergency that was also a financial emergency. The payment pause was a lifeline for 37 million borrowers and their families, giving them much-needed breathing room to pay their bills, to pay their rent without worrying about sabotaging their credit. H.J. Res. 45 could send surprise bills for interest to tens of millions of Americans. This could lead to unprecedented delinquencies and defaults for the most vulnerable borrowers. The third bill, S.J. Res. 11, would reverse an EPA rule that reduces air pollution from the trucking industry. Many parts of America were once cloaked in air pollution that would sit at street level, sting your eyes, fill your lungs. Choking air, they called it.…
Said by
Teresa Leger Fernandez
Democratic · New Mexico

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