Political Quotes

“I thank the chairwoman for the time this morning. I rise today in support of H.J. Res. 88, a resolution that will nullify President Biden's irresponsible student loan repayment plan. It is no secret that President Biden wants to borrow and spend taxpayer dollars to force you and your children to pay for other people's education. Earlier this year, Biden vetoed my bipartisan resolution that nullified his student loan transfer scheme. Thankfully, the Supreme Court agreed with Congress that unilateral Federal spending for outright forgiveness by the President is unconstitutional. However, the administration lost no time in devising yet another scheme to transfer loan debt to taxpayers, this time under the guise of repayment. The Biden administration's new repayment scheme would permit even more graduates to contribute even less money to loan payments. These borrowers, who voluntarily took taxpayer money, will contribute just 5 percent of their monthly income to the loan. They can also be exempt from paying interest, and if enough time passes, the loan will be forgiven altogether or actually paid for by other Americans. The Biden administration sells this scheme by promising it will reduce many borrowers' loan payments to zero. However, the American taxpayer will foot the bill. I am reminded of October of 2020, the vote-buying scheme that was the previous student loan transfer scheme, transferring that debt to other Americans.…”