On the recordMay 24, 2012
on July 1, 7 million students getting new loans to go to college, the rate for interest will go from 3.4 to 6.8. This is an amendment to get a result. This is the House-passed bill. President Obama says he wants to freeze the rate for a year. Governor Romney says he wants to freeze the rate for a year. The House of Representatives has voted to freeze the rate for a year. A vote yes on the House-passed bill will permit us to send it to them and quickly send it to the President, he will sign it, and we solve the problem. The PRESIDING OFFICER. The Senator from Iowa.
Said by
Heidi Alexander
Labour Party
