[Congressional Record Volume 168, Number 68 (Tuesday, April 26, 2022)]
[House]
[Page H4462]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
EULOGY FOR FINANCIAL LITERACY MONTH
(Ms. FOXX asked and was given permission to address the House for 1
minute.)
Ms. FOXX. Mr. Speaker, April is Financial Literacy Month, the perfect
time to remind Americans just how financially irresponsible Democrats
are. Democrats have used the pocketbooks of hardworking Americans to
fund a multitrillion-dollar spending spree and now have the audacity to
deny responsibility for the inflation crisis. This includes extending
the student loan repayment moratorium three times, costing taxpayers
over $150 billion.
Democrats are financially irresponsible and are dragging student
borrowers along with them. In January, the administration announced it
would no longer require borrowers to sign an online acknowledgment
about their total student debt each year before taking out additional
loans. We should make it easier for student borrowers to understand the
gravity of taking out tens of thousands of dollars in student loan
debt, not hiding it from them.
Mr. Speaker, Democrats' policies don't promote financial literacy,
they promote financial illiteracy.
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