Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement in response to the Biden administration transferring $1.2 billion in student loan debt to taxpayers as President Biden continues to implement his radical income-driven repayment (IDR) rule—known as “Savings on a Valuable Education (SAVE)” plan: “If President Biden spent half as much time wor... Read more »
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) sent a follow-up letter to Education Secretary Miguel Cardona demanding further information and action to reform the contracting process for the National Assessment of Educational Progress (NAEP). In August 2023, Foxx raised concerns, brought to light in two independent reports, about the need for increased c... Read more »
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement in response to the Biden administration’s proposed rule rescinding the Trump administration’s association health plan (AHP) rule: "The Biden administration continues to double down on policies that will limit choice and increase health care costs for Americans. Instead of embrac... Read more »
Roughly 18 million students fill out the Free Application for Federal Student Aid (FAFSA) each year to apply for financial aid that enables them to attend postsecondary institutions. The Department of Education had years to implement bipartisan reforms to the FAFSA but instead focused on illegally transferring student debt to taxpayers. The Department of Education’s failed FAFSA rollout is prevent... Read more »
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement regarding serving subpoenas to Harvard Corporation Senior Fellow Penny Pritzker, Interim President Dr. Alan Garber, and Harvard Management Company’s Chief Executive Officer N.P. Narvekar for failing to produce priority documents related to the Committee’s antisemitism investigat... Read more »
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement in response to the White House announcing it will significantly expand its plan to transfer student loan debt to taxpayers, including those who never stepped foot on a college campus: “Student debt is skyrocketing, college completion rates are abysmal, and schools have zero acco... Read more »
WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) and Ranking Member Robert C. “Bobby” Scott (D-VA) celebrated the National Institute for Civil Discourse’s (NICD) latest polling results that show overwhelming support among Americans for Workforce Pell. “The recent survey data provided by the NICD is welcome news and shows the environment is ripe for transfor... Read more »
WASHINGTON – Today, Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) delivered the following statement, as prepared for delivery, at a hearing titled "Protecting American Savers and Retirees from DOL's Regulatory Overreach": "When it comes to saving for retirement, one thing is certain: Americans should be able to retire in confidence. They should be able to seek out i... Read more »
Today’s Health, Employment, Labor, and Pensions Subcommittee hearing covered the partisan Department of Labor’s (DOL) attempt to limit retirement options for millions of American workers. In proposing the so-called “Retirement Security Rule,” the administration is out way over its skis. DOL has jurisdiction over employer-managed retirement accounts, or 401(k)s, but not the entire retirement invest... Read more »
WASHINGTON — Tomorrow, at 10:15 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Bob Good (R-VA), will hold a hearing titled: “Protecting American Savers and Retirees from DOL’s Regulatory Overreach.” “DOL’s proposed fiduciary rule—better labeled as the ‘Retirement Insecurity Rule’—is just another example of the Biden administration’s reckless overreach that will ... Read more »
