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Public Statements

Student and Family Tax Simplification Act

Floor Speech

By:
Date:
Location: Washington, DC

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Mrs. McMORRIS RODGERS. Mr. Speaker, I thank the leader on this legislation--great work--and the chairman.

I rise in strong support of H.R. 3393, the Student and Family Tax Simplification Act. I was the first in my family to graduate from college, and I understand firsthand the struggle that families face to pay for higher education. As a matter of fact, I am still paying off some student loans from graduate school.

For today's graduates, the picture is even much bleaker. In fact, seven out of 10 graduates are entering the workforce with $33,000 in student loan debt, up $2,000 just from last year. For many, student and parent loans are often the only option to address the higher cost of college.

Our outdated Tax Code is no help. With 15 different complicated overlapping provisions, we need a Tax Code that works for people. That is what H.R. 3393 does. It simplifies the Tax Code, so that families and students can actually use and benefit from it as they pursue higher education.

The latest unemployment rate for recent college graduates is 8 1/2 percent. More than 16 percent of them are underemployed. We need every tool at our disposal to put money back in the pockets of families, so that they are empowered to make better choices.

I urge my colleagues to support H.R. 3393.

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