[andyk]

According to Mr. Obama, “Five years ago, Congress cut the rates on federal student loans in half. That was a good thing to do.

Wouldn't that make them the Bush rate cuts?

So now I understand. When the Bush tax cuts were to expire, we weren't going to be increasing taxes; we were just returning rates to where they were.

Now that we're talking about a big government plan, which liberals and moderates alike love, it's "increasing the rates for students".