[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Page S1938]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 843. Mr. MERKLEY submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 11, setting forth the
congressional budget for the United States Government for fiscal year
2016 and setting forth the appropriate budgetary levels for fiscal
years 2017 through 2025; as follows:
At the appropriate place, insert the following:
SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO REDUCING
THE COST OF ATTENDANCE AT AN INSTITUTION OF
HIGHER EDUCATION AND ENSURING THAT STUDENTS CAN
AFFORD TO PAY BACK STUDENT LOANS BY AVOIDING
NEW MANDATES THAT STUDENTS PAY INTEREST.
The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution
for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports
relating to reducing the cost of attending an institution of
higher education and ensuring that students who graduate can
afford to pay back their student loans, which may include
avoiding new mandates that students pay interest on Stafford
loans while attending an institution of higher education by
the amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2016
through 2020 or the period of the total of fiscal years 2016
through 2025.
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