I think, but you may correct me....that this bill was opposed because of the Democrat plan to fund it....raising payroll taxes on high-earning stockholders of some privately owned corporations.
The Republicans would like debate on their own bill which FREEZES rates and and paid for by abolishing a health care fund.
"The Senate is steaming toward a showdown on a Democratic proposal to keep student loan interest rates from doubling for 7.4 million students. In a measure of how the upcoming election is driving work in Congress these days, it's a vote Democrats won't terribly mind losing - which is probably what will happen.
The Senate planned a Tuesday roll call on the plan, which would extend today's 3.4 percent interest rates on subsidized Stafford loans for another year. Without congressional action, those rates will double July 1."
"Republicans say they favor freezing student loan interest rates but oppose how Democrats would finance the $6 billion bill: by raising Social Security and Medicare payroll taxes on high-earning stock holders of some privately owned corporations.
But of course the Senate is controlled by the Dems so the alternate proposal will not be talked about. Their hope is that folks will see as you saw it which is sort of out context and not exactly TRUE.
""They know we're particularly upset about this" financing plan, Sen. Michael Enzi, R-Wyo., said as the Senate debated the bill Monday. He said Democrats hope that when Republicans oppose the bill, it will "make it look like Republicans want to raise the rates on students, and that's not true."
Senate heads toward showdown vote on student*loans* - NY Daily News
So it is politics as usual it seems,
BUT NOT EXACTLY AS PRESENTED IN THIS THREAD !!!!!
I think if there is to be a discussion of an issue or proposal, we should discuss all the facts available, otherwise we are simply doing more negative advertising instead of actually having a discussion.
Maybe a good political move by the Dems, but doesnt do the country any good, does it ?