House GOP Eyes Prevention Trust Fund As Means To Pay For Student Loan Plan

J.E.D

Gold Member
Jul 28, 2011
14,159
2,229
280
House GOP Eyes Prevention Trust Fund As Means To Pay For Student Loan Plan - Kaiser Health News

House Speaker John Boehner, R-Ohio, has scheduled a Friday vote on the proposal, which some news outlets describe as a "bitter pill" for Democrats.

The New York Times: Two Parties Find A Way To Agree, And Disagree, On Student Loan Rates
Republicans were equally indignant at what they saw as game-playing, saying that they, too, want to forestall the rate increase. They quickly tried to outmaneuver the president. Late Wednesday afternoon, Mr. Boehner hastily called a news conference to announce that the House would vote Friday on a student loan bill that seemed to take shape just as suddenly. The proposal would extend the current interest rate for federal student loans for one year. The $6 billion cost would be offset by eliminating the remainder of the money from the Prevention and Public Health Fund, a portion of the health care law (Baker and Steinhauer, 4/25).
 

Forum List

Back
Top