On the recordApril 27, 2012
It's always an honor to be able to speak here in the House of Representatives. It has been a good day because here in the House, despite what some may think, we voted overwhelmingly to leave student loan rates at the same rate they are right now, 3.4 percent. If the government had had to subsidize a rate, if interest rates were higher, that would be more difficult to justify because of how much overspending this administration has had as dictated during the time when Speaker Pelosi and Harry Reid had full control over all of the spending. But while the President was very busy running around the country condemning Republicans for not caring about student loan rates and the plight of students, we were busy here at work making sure that student loan rates did not increase. While the President was out there telling students that Republicans don't care about you, that they're going to double the interest rates of your student loans, he didn't bother to come check and find out what was happening in Washington. If he had, he would have found out we felt the same way about the student loans. Let's see which Democrats were as concerned as we were today about the student loan rates going up. This was bill H.R. 4628, and it's basically two pages, not 25 pages or 2,800 pages. It is two pages, and it keeps the rates at the same rate so they won't go up.…





