Political Quotes

“I will vote for H.R. 529, a bill that would expand section 529 college savings plans, when it passed the House today. I strongly believe in improving access to higher education, and encouraging families to save for college is a critical part of this in an era of rising tuition costs and deepening student debt. Since 1996, 529 plans have saved American families more than $225 billion. H.R. 529 makes several changes to update 529 plans, including removing penalties for students who are forced to withdraw from college and expanding the eligible uses. While I will vote for this bill, I wish this Congress would do more. The cost of higher education continues to increase and millions of American students carry non- dischargeable debt that totals over $1 trillion. At the same time, my Republican colleagues have slashed Pell grants, refused to provide students with the low interest rates granted to America's biggest banks, and continue to support predatory, for-profit institutions that shortchange our most vulnerable students. I support the modest improvements in H.R. 529, but I urge my colleagues to take up further measures to improve access to college and reduce student loan debt. The SPEAKER pro tempore. All time for debate has expired. Pursuant to House Resolution 121, the previous question is ordered on the bill, as amended. The question is on the engrossment and third reading of the bill.…”