(House of Representatives - June 27, 2013)

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[Page H4132]
From the Congressional Record Online through the Government Publishing Office []

                             STUDENT LOANS

  (Ms. FOXX asked and was given permission to address the House for 1 
  Ms. FOXX. Mr. Speaker, House Republicans have acted to stop Federal 
student loan interest rates from doubling on July 1. Our assignment is 
turned in, while the President and his Democrat Senate are registering 
an incomplete.
  Yesterday, I spoke with high school and college students about our 
Smarter Solutions for Students Act that removes the distraction of 
politics from the equation and permanently settles how interest rates 
are set.
  The President requested a solution much like ours, but his own party 
in the Senate refused to pass the legislation.
  July 1 is coming, and students know that means interest rates will 
double if the President doesn't lead and the Senate doesn't act. 
Political procrastination is what we are seeing from the President and 
Senate. It is a good thing they sell Red Bull in the cafeteria, because 
a Senate all-nighter on student loans might require some.