Education and Labor Committee Republican Leader Virginia Foxx (R-NC) spoke on the House Floor in recognition of financial literacy month and to lament Democrats’ financially irresponsible policies.
Republican Leader Foxx's remarks:
“April is financial literacy month—the perfect time to remind Americans just how financially irresponsible Democrats are.
“Democrats have used the pocketbooks of hardworking Americans to fund a multi-trillion-dollar spending spree and now have the audacity to deny responsibility for the inflation crisis.
“This includes extending the student loan repayment moratorium three times, costing taxpayers over $150 billion.
“Democrats are financially irresponsible, and are dragging student borrowers along with them.
“In January, the administration announced it would no longer require borrowers to sign an online acknowledgment about their total student debt each year, before taking out additional loans.
“We should make it easier for student borrowers to understand the gravity of taking out tens of thousands of dollars in student loan debt, not hiding it from them.
“Democrats’ policies don’t promote financial literacy, they promote financial illiteracy.”
Original source can be found here.
