[Congressional Record Volume 141, Number 86 (Tuesday, May 23, 1995)]
[House]
[Page H5387]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              REPUBLICAN BUDGET CLOSES DOOR OF OPPORTUNITY

  (Mr. DURBIN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. DURBIN. Mr. Speaker, most American families cannot leave their 
children a fortune. What we try to leave them is a set of values and an 
opportunity.
  Last week, the Republican budget resolution closed the door of 
opportunity for millions of American kids. The Republican budget 
resolution cut college student loans by $18 billion. That is right. At 
a time when America needs a well-educated generation to lead us into 
the next century, at a time when our kids need the opportunity for 
education for a good-paying job, the Gingrich Republicans make the 
biggest cut in student loans in our Nation's history.
  And why have the Republicans done this? Why are the Republicans 
increasing a student's cost of financing a college education by an 
average of $5,000? Because the Republican student loan cuts fill the 
Republican piggy bank to pay for tax breaks for the privileged few.
  Cutting college student loans may be the Gingrich view of America. 
How does your family feel?


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