Political Quotes

On the recordApril 27, 2017
Mr. President. Every day, Social Security provides vital benefits to millions of Americans who worked and paid into the system. To ensure workers would receive full access to these fundamental lifeline benefits, for many years, the law protected these earned benefits from attempts to recover debts. However, 20 years ago, Congress suddenly reversed course, and made a change to the law that allowed the government to cut Social Security and other hard-earned benefit payments in order to collect student loan and other federal debts, like home loans owed to the Veterans Administration, and food stamp overpayments. Now, more and more seniors are finding themselves subject to government garnishment of their already modest Social Security benefits in order to recoup student loan debts. In fact, the New York Times published an editorial recently titled, ``Haunted by Student Debt Past Age 50'' that highlighted the worsening struggle that seniors face with student debt. Student loan debt is becoming an increasingly serious problem in Oregon and across the Nation, with students and their families burdened by crushing student loan debt. Even in the best circumstances, many families will struggle to pay off crippling loans for years to come. However, for people who rely on benefits like Social Security after retirement, disability, or the death of a family member, making payments on student loans or other Federal debts can become an insurmountable hardship.…
Said by
Ron Wyden
Democratic · Oregon

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