Today, Republican Leader of the Education and Labor Committee Virginia Foxx (R-NC) gave the following statement after yet another major student loan servicer, Navient, announced it would end its federal contract: “The Department of Education is bleeding and risks infecting millions of students with financial distress and ruin. This egregious incompetence is as problematic as it is preventable. Thi... Read more »
The Consider Teachers Act, a bipartisan bill introduced in the Senate by Senator Mike Braun, Senator Kyrsten Sinema, and in the House by Congresswoman Eleanor Holmes Norton and Education and Labor Committee Member Victoria Spartz aimed at fixing a broken system burdening teachers with unfair loans, passed the U.S. House of Representatives today. This legislation was passed in the Senate in April a... Read more »
Today, Republican Leader of the House Education and Labor Committee Rep. Virginia Foxx (R-NC) and Republican Leader of the Senate Health, Education, Labor, and Pensions (HELP) Committee Senator Richard Burr (R-NC) sent a third letter to Department of Education Secretary Cardona requesting an update on the Department’s plan to transition student loan borrowers from the repayment freeze in effect du... Read more »
Today, Republican Leader of the Health, Employment, Labor, and Pensions Subcommittee Rick Allen (R-GA) delivered the following opening statement, as prepared for delivery, at the joint subcommittee hearing on successful models for protecting communities from COVID-19: “Our nation’s pre-pandemic economy was the best in the world. “Unemployment, particularly for minority groups, was at an all-time l... Read more »
Today, Rep. Victoria Spartz (R-IN) delivered the following opening statement, as prepared for delivery, at the joint subcommittee hearing on successful models for protecting communities from COVID-19: “It’s an important discussion to have: how do we manage and mitigate pandemic risks, look at them comprehensively, and stop politicizing serious government decisions to play politics with people’s l... Read more »
The Wall Street Journal aptly described the Democrats' socialist spending spree as “one of the greatest fiscal cons in history.” Democrats claim their reckless spending spree will cost taxpayers $3.5 trillion, but the Committee for a Responsible Federal Budget puts the real cost around $5 trillion. In Case You Missed It via the Wall Street Journal, $3.5 trillion isn’t the true cost of Biden’s spen... Read more »
The Pension Benefit Guaranty Corporation (PBGC) just confirmed what Republicans knew to be true, but Democrats refused to admit: the taxpayer-funded bailout of failing and insolvent multiemployer pension plans will fail. Despite a massive influx in taxpayer dollars, PBGC is still on track for insolvency. What’s equally concerning, the price tag for the program continues to rise. When Democrats pas... Read more »
Joe Biden’s promise not to raise taxes on anyone making less than $400,000 a year is hitting a major snag: inflation. Our economy should be booming. Low-income Americans are experiencing an unprecedented 4.8 percent wage growth.* But rampant government spending, combined with lingering COVID-19 hardships, have decreased employees’ real wages by half a percent. Inflation is a tax on hardworking Ame... Read more »
Democrats cannot come to a consensus over whether or not to socialize drug pricing. H.R. 3, the Higher Costs and Fewer Cures Act, is packaged into the radical fiscal year 2022 budget and would allow the Secretary of Health and Human Services to mandate private companies’ drug prices or face a bankruptcy-inducing 95 percent tax rate. It’s government interference in the dealings of private companies... Read more »
Democrats’ totalitarian tendencies are putting American values, freedoms, and livelihoods at stake. They promise to know what is best for America while they push for more government interference and less freedom. In Case You Missed It via the Washington Times, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) wrote an op-ed about the harm Democrats are inflicting on our economy ... Read more »
