Student Loan Forgiveness Scam

Floor Speech

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Mr. JOYCE of Pennsylvania. Madam Speaker, last week, President Biden announced a plan to cancel $1.2 billion in Federal student loans for 150,000 borrowers.

As Americans, we have always followed a simple rule: If you take out a loan, you pay back the loan. It is time to call a spade a spade. This student loan scam isn't forgiveness; it is an election-year handout to President Biden's far-left voters to transfer debt to the American taxpayer. This gimmick transfers the burden of the loans from the students who took the loans onto every American taxpayer.

Repaying these loans certainly has no personal benefit to 87 percent of taxpayers who don't have student loans and to the 100 million Americans who never attended college.

This program takes advantage of Americans who are already struggling to support their families under the weight of President Biden's inflation. It is time to send a message to President Biden and his administration that we cannot allow hardworking Americans, who have kept their word and repaid their personal loans, to be ripped off by yet another pandering scheme to the far left. Rare Disease Week

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Mr. JOYCE of Pennsylvania. Madam Speaker, I rise today to celebrate Rare Disease Week.

Right now, more than 25 million Americans and their loved ones are impacted by over 7,000 conditions which are classified as rare diseases.

Since the Orphan Drug Act was enacted in 1983, more than 600 drugs have been developed to combat these illnesses and ultimately save lives. Now, because of President Biden's so-called Inflation Reduction Act, the environment that has allowed these treatments to develop is being threatened.

This week, I am proud to be working alongside my colleagues to advance bipartisan legislation, the ORPHAN Cures Act, which would expand the orphan drug exemption for medicines with multiple indications involving rare diseases and cancers.

It is critical that Congress acts to support research and development into treatments and therapies that address rare diseases and further work to ensure that patients have access to the care and treatment that they need.

As we recognize Rare Disease Week, let's commit to standing with patients who are living with rare diseases, including pediatric cancers and diseases like cystic fibrosis, classified as rare, but they are not rare to the families and the patients who are suffering with them.

Let's commit to working together to ensure that every patient, regardless of the rarity of the condition, receives the support, the care, and the treatment that they need.

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