[Congressional Record (Bound Edition), Volume 158 (2012), Part 4]
[House]
[Pages 5883-5884]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      INTEREST RATE REDUCTION ACT

  (Mr. FARR asked and was given permission to address the House for 1 
minute.)
  Mr. FARR. I rise today in opposition of H.R. 4628, the Interest Rate 
Reduction Act. Keeping student loan rates at their current level should 
be an easy, bipartisan bill. However, it should not be at the cost of 
an assault on women's health. Of all the offsets available to the 
majority, they chose to undermine the well-being of America's women and 
children by gutting investments in screening for breast and cervical 
cancer, childhood immunizations, and initiatives to reduce birth 
defects.
  I remain committed to preventing an increase in student loan costs 
for over

[[Page 5884]]

7.4 million Americans. I would like to see a new, bipartisan bill sent 
to the President's desk well in advance of the July 1 deadline when the 
rates are scheduled to go up. But any student loan relief should not 
come at the expense of funding for childhood immunizations, screening 
programs for breast and cervical cancer, and birth defects.
  I urge my colleagues to vote ``no'' on this flawed legislation.

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