[Congressional Record (Bound Edition), Volume 159 (2013), Part 6]
[House]
[Page 8887]
[From the U.S. Government Publishing Office, www.gpo.gov]




                        STUDENT LOAN RATE HIKES

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Mr. Speaker, it is disappointing that President Obama and 
Senate Democrats cannot agree with Republicans in the House on a simple 
issue like preventing student loan rates from doubling. Although a 
bipartisan vote in the House passed the Smarter Solutions for Students 
Act, the President and Senate have panned this common-ground approach.
  The Smarter Solutions for Students Act is a simple plan, ready-made 
for bipartisan compromise, as it was patterned after President Obama's 
own budget proposal. Politicizing the coming student loan interest rate 
hike is not an option if we are serious about a July 1 solution.
  I urge my colleagues in the Senate to build off of the Smarter 
Solutions for Students Act proposal and commit to a long-term solution 
for students that eliminates the Washington guessing game from the 
rate-setting equation.
  Ignoring the common ground Republicans already share with President 
Obama puts politics ahead of students.

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