To: rightwingintelligentsia
The adults are finally fighting back. /cryptic
To: Clint N. Suhks
I am totally lost. I think it was the chocolate cupcake I had at lunch fogging my brain.
25 posted on
04/27/2012 9:41:56 AM PDT by
rightwingintelligentsia
(Be careful of believing something just because you want it to be true.)
To: Clint N. Suhks
House Votes on Stopping Student Loan Interest Rate Hike
Speaker Boehner proposed paying for the $6 billion a year price tag by taking money from what he called "one of the slush funds" tied to President Obama's health care program. He plans to re-allocate some $11.9 billion targeted for women's health programs, using $5.9 billion to keep the student loan interest rates at 3.4% for one year.
In proposed Senate legislation, the rate increase would be put off for one year and would be paid for by adjusting tax rules that allow some individuals to avoid paying Medicare payroll taxes.
The White House has threatened to veto any bill that would repeal health care programs to pay for the lower student loan interest rates.
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