Political Quotes

“More than a month ago, the House passed H.R. 1911, a bill based on the President's 2014 budget request, which would provide a market-based interest rate for student loans. Editorial boards from across the country have lauded this bill and have called on the Senate to act on a similar proposal: USA Today stated: Rates on loans are now set by Washington, not markets. Obama and the House Republicans wisely call for a market solution. The Boston Globe stated: The solution President Obama and House Republicans have proposed would prevent what has become a frustrating annual standoff. The Los Angeles Times stated: Republicans are backing a long-term solution that's similar to one President Obama proposed . . . The Senate should pass its own version . . . then work out the differences with the House. With less than a week before student loan rates jump from 3.4 percent to 6.8 percent, the Senate has failed to pass a bill that would address the issue. It's time for the Senate to come to the table. ____________________”