WASHINGTON, DC – At a press conference with Republicans leaders today, House Speaker John Boehner (R-OH) highlighted the House-passed plan to stop student loan rates from doubling on July 1st, and called on Senate Democrats to act. Following are Speaker Boehner’s remarks:
“You know, we’ve been through this issue of student loan interest rates the last couple of years. And what we’re trying to do is to have a permanent fix to the student loan interest rate problem.
“The president outlined in his budget that he wanted a permanent fix to this. So the House has done its job last month. Last week the Senate had a couple of votes that didn’t get the necessary number. As a matter of fact, Senator Richard Burr offered the president’s proposal on the Senate floor and it was objected to by one of the Democrat members.
“Now I don’t know what game’s going on – this fake fight that’s being picked – but it’s not fair to these students and not fair to students across the country who need to know what the cost of their loans is going to be and what the interest rate is going to be. They’re already dealing, many of the graduates, with a very tough job market. They surely don’t need to be dealing with this at the same time.
“Again, the House has done its job. It’s time for the Senate to do theirs.”