Political Quotes

On the recordFebruary 16, 2023
Madam President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 506 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stop Reckless Student Loan Actions Act of 2023''. SEC. 2. FINDINGS. Congress finds the following: (1) The Higher Education Relief Opportunities for Students Act of 2003 (20 U.S.C. 1098aa et seq.) was intended to provide relief opportunities for members of the armed services. (2) The authority provided under the Higher Education Relief Opportunities for Students Act of 2003 has been abused by the Executive Branch during the COVID-19 national emergency regarding the payment of Federal student loans. (3) The unilateral payment pause on Federal student loans has cost more than $160,000,000,000. (4) The unilateral payment pause on Federal student loans has inflationary impacts. (5) The individuals benefitting the most from the payment pause continued by the Executive Branch are doctors, who receive 11 times the benefit of bachelor's degree recipients and 16 times the benefit of associate's degree recipients. SEC. 3. AMENDMENTS TO THE HIGHER EDUCATION RELIEF OPPORTUNITIES FOR STUDENTS ACT OF 2003. Section 5(2) of the Higher Education Relief Opportunities for Students Act of 2003 (20 U.S.C.…
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John Thune
Republican · South Dakota

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