Mrs. BLACKBURN. Mr. Speaker, the media just loves to give names to the different Congresses. I think that they should call this one the Hold-Onto-Your-Wallet Congress, because they are definitely coming to a wallet near you and it is going to be yours. During their first 100 hours, which is seeming to never end, they are spending billions of dollars of the American taxpayers' money on, guess what, bigger government, right here in Washington. They are not sending that money back to the local communities. And today they are going to have their student loan bill up.
Here are some facts. They would have you believe that we have slashed student loans and it is just not true.
Here is a fact. In a shocking display of hypocrisy, Democrat leaders are paying for their $6 billion plus plan with some of the same lender subsidy cuts crafted by congressional Republicans in the 109th Congress.
Here is another fact. House Republicans have committed a record $13 billion for Pell Grants, a two-thirds increase over the past decade. Go look it up.
Another fact. To the tune of more than $4 billion over 5 years, congressional Republicans established the first-ever grant program for high-achieving Pell students in their first and second years of college.
It is a fact. Republicans have a solid record of helping students get and stay in school.
2007-01-19 08:26:47 · 11 answers · asked by CaptainObvious 7 in Politics & Government ➔ Politics
This plan is a load of crap anyway. It lowers the interest on student loans about 3% gradually over the next two years, then stabilizes it for six months and then returns it to current rates. There will be very little benefit as a result of this bill.
I am not sure why Republicans would want to claim this stupid bill and idea as thier own.
2007-01-19 08:34:23 · answer #1 · answered by msi_cord 7 · 5⤊ 1⤋
What good is a decrease in student loan rates when the cost of a college education keeps going up? They still end up owing more. They would have been better off receiving more pell grants.
2007-01-19 08:32:54 · answer #2 · answered by Anonymous · 1⤊ 1⤋
agreed...republicans lowered rates 4 years ago (not the 109th) so i don't understand why reps are mad, now that dems are doing the same thing? And I asked 3 questions yesterday on this and didn't get an answer
2007-01-19 08:42:37 · answer #3 · answered by hichefheidi 6 · 2⤊ 3⤋
How true! Those Democrats are taking taxpayer money the Bush admiistration was giving to needy Americans like the oil companies and giving it to poor students who don't even have a billlion to their name! Disgusting, isn't it. You'd think they actually care about the sheep--er, I mean people!
2007-01-19 08:37:40 · answer #4 · answered by Anonymous · 1⤊ 3⤋
http://money.cnn.com/2005/12/22/pf/college/congress_loans/index.htm?postversion=2006020807
most of us middle class folks aren't eligible for grants. Most of us don't have the kind of money it takes to send our kids through college. The best we can hope for are low interest loans.
2007-01-19 08:37:20 · answer #5 · answered by truth seeker 7 · 3⤊ 1⤋
try this site if your student loan feels like a huge burden.. they'll help you lower your payments.
2007-01-19 12:18:13 · answer #6 · answered by bad x 1 · 0⤊ 0⤋
Don't forget the fact the House has worked to repeal several of the outrageous tax breaks and loopholes enjoyed by corporate America.
2007-01-19 08:33:38 · answer #7 · answered by Jackson Leslie 5 · 5⤊ 5⤋
Nice bit of diversion and outright lying there con. Like anybody believes cons give a crap about anyone but themselves.
2007-01-19 08:33:38 · answer #8 · answered by Anonymous · 5⤊ 5⤋
liberals lie, plain and simple
2007-01-19 08:36:42 · answer #9 · answered by Uno 2 1 · 3⤊ 3⤋
since when is some neocon grandstanding in Congress news?
2007-01-19 08:30:59 · answer #10 · answered by Jack C 5 · 3⤊ 5⤋