PRICE: OBAMA RIGHT TO GO AROUND TEA PARTY TO LOWER STUDENT LOAN PAYMENTS PDF Print E-mail
October 26, 2011

Washington, D.C. - Representative David Price (NC-04) issued the following statement today as President Obama announced an executive order to lower federal student loan repayments for low-income graduates, streamline student loan consolidation, and lower interest rates for all borrowers.

"President Obama is right: we can't afford to wait for Tea Party Republicans to support the job creation we need to revive the middle class. Easing the burden of student loan repayments will help recent graduates in North Carolina who have had a tough time entering a job market made worse by Republican stiff-arming of every initiative—like the American Jobs Act—that would make things better for working families.

"Tea Party Republicans have favored governance-by-brinksmanship, and we've seen them use control of Congress to force the country to lurch from one artificially-created crisis to the next. That's not right, and I support the President saying so. The American people believe it's time for Republicans to stop playing games and put country before party."

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