Political Quotes

“In 46 days, the interest rate on subsidized student loans will be doubled. Zeroing in on these budgets that are before us, all of them seem to support the essence of the Ryan budget, which is to allow this to happen. In fact, the Ryan budget in the House not only allowed a doubling of student interest rates, it also recommended eliminating the in-school interest subsidies for student loans, putting middle- class families at a particularly severe disadvantage. We have 46 days to stop this increase on the interest charges to middle-income students. We have to act. We have seen denial, delay, and disruption. We have not seen the cooperation we need to help students and families throughout this country. The budget before us not only allows this interest rate to double, but it will also, through its tax policies, favor the wealthiest and not those who are struggling in the middle simply to get ahead or simply to stay where they are. One of the other interesting aspects of the proposal is that as we look at this student rate interest doubling, my colleagues on the other side have said: We will fix it. We are for fixing it. But, again, ask yourself: If they are for it, why are they voting for several budgets today that would, in fact, support the doubling? It seems to be an incongruity I cannot understand.…”