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Fri Apr 27, 2012, 03:51 PM

Student Loan Interest Rate Bill That Cuts Health Care Program Passes House

Student Loan Interest Rate Bill That Cuts Health Care Program Passes House

http://www.huffingtonpost.com/2012/04/27/student-loan-bill-passes-house_n_1459347.html



WASHINGTON -- The House of Representatives advanced a bill Friday that funds cheaper student loans by cutting a preventive health care program -- sparking a heated battle in which House Speaker John Boehner (R-Ohio) accused Democrats of manufacturing a war on women.

The House passed the bill by a vote of 215 to 195, with 30 Republicans bucking their party to oppose the bill, and 13 Democrats voting in favor. Democrats might have blocked the measure if the stayed together. The interest rate for federally subsidized student loans is scheduled to jump from 3.4 percent to 6.8 percent for some 7.4 million students on July 1 if Congress does not act.

Republicans had voted earlier in the week for a budget that allowed the rate to go up, but under public pressure offered a plan Wednesday to preserve the rate by cutting the Prevention and Public Health Fund created in President Barack Obama's Affordable Care Act. Republicans say the move would save $6 billion dollars.

Calling the health program -- which aims to lower health care costs by encouraging prevention -- a "slush fund," Boehner said its funding should be used to help students instead.

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Reply Student Loan Interest Rate Bill That Cuts Health Care Program Passes House (Original post)
Amerigo Vespucci Apr 2012 OP
Ruby the Liberal Apr 2012 #1
freshwest Apr 2012 #2

Response to Amerigo Vespucci (Original post)

Fri Apr 27, 2012, 03:53 PM

1. Just a wild guess, but cervical screenings? Mammograms?

Exactly what "useless" preventative care do these pricks want to sacrifice on the altar in order to give college kids a fraction of the break that banks get (to borrow at 0%).

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Response to Amerigo Vespucci (Original post)

Fri Apr 27, 2012, 04:16 PM

2. Divisive, as always. Setting students against others, it would appear.

Even though a lot of the students are poor now, one might think they need less healthcare. This will not affect their vote in November, I hope.

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