To add insult to injury, part of the scheme is to allow insurance companies to charge senior citizens even more. Right now they are limited to three times what they charge everybody else. Their bill allows up to five times. That is a two-thirds increase in the cost. So if the tax credit wasn't enough to begin with, it is going to get worse.
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I think the gentleman from Michigan had the right to close, so I yield back the balance of my time.
Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.
Mr. Speaker, I have to say, today, we are here considering a bill that is named the PROTECT Our Kids Act. I am going to speak and shift this conversation a little bit in the direction I think we really need to go. This bill, the PROTECT…
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