[Congressional Record Volume 141, Number 189 (Wednesday, November 29, 1995)]
[House]
[Page H13735]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   DEMOCRATS, START TELLING THE TRUTH

  (Mr. KNOLLENBERG asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. KNOLLENBERG. Mr. Speaker, in a cynical ploy to distort reality 
for political gain, the minority party continues to decry the so-called 
student loan cuts in our budget. It is time to start telling the 
American people the truth.
  My Republican colleagues understand the importance of helping low-
income students pay for college. That is why we protect student aid in 
our budget.
  Contrary to the battle cry of the minority, there are no student loan 
cuts in the Balanced Budget Act of 1995. In fact, total student loan 
volume will grow from $24 billion this year to $36 billion in 2002. And 
more loans will be available next year than ever before.
  Student loans are preserved. No student will be cut off. And no 
student will be required to pay more for his or her loan.
  Mr. Speaker, it doesn't take a Harvard professor to figure out what's 
going on. Democrats are trying to regain power by scaring the American 
people with imaginary spending cuts. This is downright dishonest.

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