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With the $1.2 trillion in student loan debt that its outstanding. this is the high interest rate debt. high for undergrads. even higher for nose wthose who graduate student loans, plus loans. the idea is we are going to propose taking all of the debt and refinancing it down to 3.86%. which is the interest rate that congress said less than a year ago is the right interest trait for student loans. so bringing all of the student loans, the interest rate down. and then paying for it. because you got to have a pay for it on this. paying for it by saying we are going to close one of the big tax loop...

Outstanding. this is the high interest rate debt. high for undergrads. even higher for those who have graduate student loans, plus loans. the idea is we are going to propose taking all of the debt and refinancing it down to 3.86%. which is the interest rate that congress said less than a year ago is the right interest rate for student loans. so bringing all of the student loans, the interest rate down. and then paying for it. because you got to have a pay for it on this. paying for it by saying we are going to close one of the big tax loopholes. and that is, let's pass the buffet rule. it shou...

That his staff can eventually move on and get rich while working as lobbyists, while, quote, i'm stuck here making $172,000. hey, congressman, do you think you're hurting now? try food stamps. joining me now is congressman dan kildee, democrat from michigan. in joon, he proposed an amendment to the farm bill that would have helped s.n.a.p. recipients maximize their benefits. is this rock bottom, congressman? >> you know, i've never seen anything like it. i've only been in congress nine months, but i've been in government my whole life. this is a new low. you know, instead of, you know, dealing...

Move on and get rich while working as lobbyists, while, quote, i'm stuck here making $172,000. hey, congressman, do you think you're hurting now? try food stamps. joining me now is congressman dan kildee, democrat from michigan. in june, he proposed an amendment to the farm bill that would have helped s.n.a.p. recipients maximize their benefits. is this rock bottom, congressman? >> you know, i've never seen anything like it. i've only been in congress nine months, but i've been in government my whole life. this is a new low. you know, instead of, you know, dealing with where we're bloated, ins...

We come back. in fact, we did before we left town, the majority leader offered a comprehensive end to the sequester through the finish of this fiscal year that would use some of the money that is now set to be spent. it's budgeted. for years in the war in afghanistan when, in fact, we should have and will not have troops there. so, there is a budget mechanism to provide funds that will avoid those slashing across-the-board cuts affecting kids, seniors and other domestic needs along with military spending. and by the way, craig -- >> go ahead. >> there was also a solution offered back in februa...