[Congressional Record Volume 168, Number 147 (Tuesday, September 13, 2022)]
[House]
[Page H7747]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STUDENT LOAN FORGIVENESS IS MISGUIDED
(Mr. ROSE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. ROSE. Mr. Speaker, there are countless successful middle
Tennesseans who did not go to college, yet President Biden expects them
to pick up the tab for those who did.
It is simply wrong to take hard-earned dollars from blue-collar
workers in Tennessee who have no student loan debt just to eliminate
some or all of the student loan debts of usually higher paid college
graduates. But it is also blatantly unconstitutional for President
Biden to unilaterally take this cynical election year action without
the required congressional authorization. He is, after all, the
President, not our king or dictator.
Further, this misguided decision comes at the cost of more than $500
billion, which will push inflation and the skyrocketing cost of
everything even higher and add to the financial pain Tennesseans
already feel from the record inflation caused by the President's other
disastrous fiscal policies.
I ask the President to please join us instead of fighting us in
trying to put our Nation's fiscal house back in order.
____________________