George Miller

Mr. GEORGE MILLER of California

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2\1/4\ minutes to the gentlewoman from California (Ms. Linda T. Sanchez), a member of the committee.

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from Connecticut (Mr. Courtney), a member of the committee.

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from Illinois (Mr. Davis).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from New York (Mr. Bishop).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from Kentucky (Mr. Yarmuth).

Mr. GEORGE MILLER of California. Madam Speaker, I ask if I might be apprised how much time each side has.

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from Maryland (Mr. Sarbanes), a member of the committee.

Mr. GEORGE MILLER of California. Madam Speaker, I yield myself 1 minute. I just say it is an interesting discussion, but people who are betting with real money have a different discussion of this legislation. What they have said, the investment houses that are advising their people whether or not to buy stock in student loan lenders and others, have said that what we have done is absolutely manageable by these lenders. And, in fact, they were quite surprised that the committee had as light a touch on these lenders as we did. And that is interesting, because those are people who are advising mutual funds and others whether or not to buy the various lenders, and theirs was that this is essentially a neutral act and very manageable by those companies. And so I think we ought to have it not what the political politicians are saying but what people who are betting with their money are saying. Madam Speaker, I yield 2 minutes to the gentlewoman from California (Mrs. Capps).

Mr. GEORGE MILLER of California. I yield myself 1 minute. I find it very interesting that my colleagues on the other side of the aisle keep coming to the floor and saying this won't help a single student. You know who thinks this will help a single student, and in fact this will help 5 million students, are the students, the students who are getting ready to take out the loans to borrow money to pay the tuition, to pay their college costs. They overwhelmingly support this legislation because it will help them and their families finance their education. So apparently it won't help Republican Members of Congress, but it will help students and that is why the students support it. That is why we call them ``student loans'' because they go to students and then the students have to pay them back. You say they don't have to pay it back until after they graduate. Yes, but they borrowed the money their freshman year, their sophomore year, their junior year, and their senior year. They got the benefit. They were the students. So the students have decided that this bill is good, and it is really good for them, and it will make college more affordable for them and it will allow more of their colleagues to participate in going to college because the overall cost of that college education will be reduced through this legislation. Madam Speaker, I yield 2 minutes to the gentleman from Colorado (Mr. Perlmutter).

Mr. GEORGE MILLER of California. Madam Speaker, I yield myself 30 seconds. So under the gentleman's theory, apparently the Republican repeal of the estate tax is only good for one day because you have a sunset on it. And when the gentleman says one of the pundits, as opposed to a student who is going to get value for this, one of the pundits says this isn't good because it is on existing loans, no, it is on new loans. So the pundits don't like it, the Republican Members of Congress don't like it, but the students like this. Hey, a novel idea. Let's do something the students like that they think will help to make college education affordable. There is an idea. Let's vote for that. Madam Speaker, I yield 2 minutes to Mr. Moran of Virginia.

Mr. GEORGE MILLER of California. Madam Speaker, I yield myself 15 seconds to correct the record. You took $20 billion out of the lenders and put some back. And the rest of it you just took off with, and that could have been used.

Mr. GEORGE MILLER of California. No, no, no, to pay for your tax cuts, which was driving the deficit.

Mr. GEORGE MILLER of California. That was your priority. You are welcome to do it. Madam Speaker, I yield 2 minutes to the gentleman from New York (Mr. Arcuri).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentlewoman from Nevada (Ms. Berkley).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from Georgia (Mr. Lewis).

Mr. GEORGE MILLER of California. Mr. Speaker, I yield 2\1/2\ minutes to the gentleman from Texas (Mr. Hinojosa), a member of the committee.

Mr. GEORGE MILLER of California. Mr. Speaker, for purposes of a unanimous consent request, I yield to the gentleman from Oregon. (Mr. WU asked and was given permission to revise and extend his remarks.)

Mr. GEORGE MILLER of California. Mr. Speaker, I yield 2 minutes to the gentlewoman from Connecticut (Ms. DeLauro).

Mr. GEORGE MILLER of California. Mr. Speaker, I yield 2 minutes to the gentlewoman from Texas (Ms. Jackson-Lee).

Mr. GEORGE MILLER of California. I yield 2 minutes to the gentlewoman from Oregon (Ms. Hooley).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2\1/2\ minutes to the gentleman from New Jersey (Mr. Pascrell).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentlewoman from California (Mrs. Napolitano).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentleman from California (Mr. Baca).

Mr. GEORGE MILLER of California. Madam Speaker, I yield 2 minutes to the gentlewoman from California (Ms. Solis).

Mr. GEORGE MILLER of California. I yield 2 minutes to the gentlewoman from California (Ms. Waters).