Joe Manchin: “I don't intend to vote on the extension again because we have not…”

On the recordJuly 10, 2013

I don't intend to vote on the extension again because we have not fixed it. By voting on this extension, what we are voting on is 3.4 percent just for the subsidized, and everybody will be at 6.8 percent, and 7.9 percent for PLUS loans. When my colleague is talking about that, the difference of savings between our bill--if we got a vote on our bill, which is a compromised, bipartisan bill, we would save close to $9 billion in interest that students wouldn't have to pay. I believe we agree on that.

Said by

Joe Manchin

Democratic · West Virginia

Source

govinfo.gov

Jul 10, 2013

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Joe Manchin: “I don't intend to vote on the extension again because we have not fixed it. By voting on this extension, what we are…”