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A Market for Interest Rates on Student Loans

| Posted in Virginia Foxx in the News

Republicans, and leading higher education and budget experts, Chairman John Kline (R–MN) and Representative Virginia Foxx (R–NC) introduced H.R. 1911, the Smarter Solutions for Students Act. This commonsense legislation simply moves all federal student loans (except Perkins loans) to a market-based interest rate. Under the bill, student loan interest rates would reset once a year and move with the free market, much like they did from 1992 to 2006. Interest rates for subsidized and unsubsidized Stafford loans would be based off of the 10-year Treasury Note plus 2.5 percent, capped at 8.5 percent. Interest rates for graduate and parent PLUS loans would be based off of the 10-year reasury Note plus 4.5 percent, capped at 10.5 percent.

Foxx Co-Sponsored Military Sexual Assault Bill Passed By House

| Posted in Virginia Foxx in the News

"Fear or professional intimidation should never come between a victim and the justice they deserve,” Foxx also said, "Increases in sexual assault within our military cannot be tolerated. Some of the finest men and women I know have served in our armed forces, and their good work must not be tarnished by the recent rise of sexual assault."

Foxx Praises Passage of House Legislation to Unlock America's Energy Resources, Create Jobs

| Posted in Virginia Foxx in the News

"During the same week an Obama global warming advisor stated that a 'war on coal is exactly what's needed,' Republicans are working to lower energy costs, move our country away from dependence on foreign oil and create jobs. This stands in stark contrast to President Obama's energy priorities. Under his Environmental Protection Agency, 17 North Carolina coal units are being shut down - citing EPA policies as a reason, gas prices remain high and the shovel-ready Keystone XL Pipeline remains stalled. Jobless Americans and working families deserve better. The President would do well to follow the all-of-the-above energy strategy we stick to in the House." - Virginia Foxx (R-NC)

Foxx Cosponsored Legislation to Prevent Military Sexual Assault Passes House of Representatives

| Posted in Press Releases

“Fear or professional intimidation should never come between a victim and the justice they deserve,” Congresswoman Foxx stated. “Increases in sexual assault within our military cannot be tolerated. Some of the finest men and women I know have served in our armed forces, and their good work must not be tarnished by the recent rise of sexual assault. The problem must be dealt with now. I praise Representative Jackie Walorski for introducing this legislation. Ensuring all military personnel are able to report crimes without fear of reprisal is critical to stopping future assaults.”

Champion Art Student from Boone’s Grace Academy Honored by Congresswoman Virginia Foxx at U.S. Capitol

| Posted in Virginia Foxx in the News

Congresswoman Virginia Foxx (R-NC) today welcomed rising Sophomore McKenzie Chasteen of Boone to the United States Capitol to celebrate her winning submission to the 2013 Congressional Art Competition. McKenzie and her mother, Kim Chasteen, met Foxx and joined champion high school artists from around the United States for a ceremony in their honor and a tour of the Capitol grounds.

Champion Art Student from Boone’s Grace Academy Honored by Foxx at U.S. Capitol

| Posted in Press Releases

“McKenzie Chasteen represented Watauga well today,” Congresswoman Foxx stated. “I’m so happy that the Congressional Art Competition gives talented students like McKenzie the opportunity to come to their Capitol for recognition and a front row seat to the work that goes on in the People’s House. Hundreds of thousands of visitors pass through the Capitol each year and I’m glad McKenzie’s artwork will be enjoyed by so many.”

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