Like the Democrats, I oppose this bill. Low interest rates = charity. Student loans are just another social program. Shame on the Republicans who voted for this.
GOP ignores White House veto threat, passes bill to keep student loan rates from doubling
By Associated Press, Updated: Friday, April 27, 1:51 PMAP
WASHINGTON — Republicans ignored a veto threat and overcame a rebellion by party conservatives to push a bill through the House Friday keeping interest rates on millions of federal student loans from doubling this summer.
Lawmakers voted 215-195 to approve a bill that has become an election-year battle between the two parties over helping families in a persistently ailing economy. The measure sparked debate over women’s health issues, too.
The White House and most Democrats opposed the $5.9 billion bill because of how Republicans covered the costs: eliminating a preventive health care fund in President Barack Obama’s health care law. They say the program mostly benefits women, while Republicans call it a loosely controlled slush fund.
More: http://www.washingtonpost.com/politics/health_care/house-gop-set-to-curb-student-loan-costs-put-democrats-in-bind-over-health-care-cuts/2012/04/27/gIQAAlRikT_story.html?tid=pm_politics_pop
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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