[Congressional Record Volume 169, Number 93 (Wednesday, May 31, 2023)]
[Senate]
[Page S1814]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                             Student Loans

  Mr. President, on another matter, this week, the Senate will have yet 
another opportunity to pump the brakes on Washington overreach using 
the Congressional Review Act. This time, we are up against an 
especially ridiculous example of leftwing spending fantasy from the 
Biden administration--student loan socialism.
  For years, higher education in this country has been a choice. Some 
American families choose to cash in hard work and diligent savings to 
earn a college degree. Some even volunteer for military service with 
the promise of tuition assistance. Millions of others choose to avoid 
taking on extra debt and to pursue their careers without--without--
going to college. It is a choice that families get to make for 
themselves, but on President Biden's watch, Washington Democrats have 
decided to try to take this choice away.
  The way the Biden administration sees it, working Americans should 
foot the bill for the advanced degrees whether they choose to pursue 
them or not. The administration's outrageous plan would shift hundreds 
of billions of dollars in debt from the doctors, lawyers, and other 
high-earning professionals who chose--chose--to incur it onto American 
taxpayers, who wanted nothing to do with it. We are talking about the 
highest educated Americans, folks who already take in higher salaries 
on average. Apparently, Democrats have surveyed the devastation of 
their reckless spending and runaway inflation and decided these are the 
people who need their help the most.
  For the party behind a long list of egregious and pandering 
giveaways, student loan socialism just might actually take the cake, 
and the Supreme Court is deciding right now whether the whole thing is 
actually downright illegal. But this week, thanks to the leadership of 
Ranking Member Cassidy of the HELP Committee, along with Senator Cornyn 
and Senator Ernst, the Senate has a chance to intervene and stop the 
madness now. Their resolution would overturn the Biden administration's 
attempt to pad the pockets of elite professionals with taxpayer 
dollars. I would urge each of our colleagues to support it.
  I suggest the absence of a quorum.
  The ACTING PRESIDENT pro tempore. The clerk will call the roll.
  The senior assistant legislative clerk proceeded to call the roll.
  Mr. THUNE. Mr. President, I ask unanimous consent that the order for 
the quorum call be rescinded.
  The ACTING PRESIDENT pro tempore. Without objection, it is so 
ordered.