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

Discussion in 'Politics' started by J.E.D, Apr 27, 2012.

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    J.E.D What's tha matta?

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    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).
     

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