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Student loan rates will double if Congress doesn't act by July 13.
At the end of next week, lawmakers head out of town for their July 4 recess, however, they still have a lot of heavy lifting to do first.
As Obama pointed out in his weekly radio address: student loan interest rates will double, and the U.S. highway program will expire if Congress doesn't act by July 13. But Rep. Morgan Griffith (R-Va.) says the GOP already sent a proposal to pay for it, which includes increasing what federal workers pay into their pensions.
"It's a shame that the president isn't trying to work with Congress to resolve a very important issue," he says.
Senate leaders are negotiating a way to keep student interest rates low, but details aren't expected to become public until early next week. Even then, it's still unclear if any agreement would be acceptable to House Republicans.
NPR
Where's Jimmy Hoffa? Everywhere And Nowhere
FBI agents believe they have a credible lead on the whereabouts of Jimmy Hoffa's body. If they're right, it will solve a longstanding mystery, which will also deflate Hoffa's resonance in popular culture.NPR
The Mystery Of the Ridiculously Pricey Bag Of Potatoes
Did a 10-pound bag of potatoes really cost $15 back in 2008? We get to the bottom of some puzzling numbers in the lawsuit alleging America's potato growers have become a spud cartel.NPR
House Passes Bill That Would Ban Abortions After 20 Weeks
The legislation is one of the most far-reaching abortion bills in decades and follows last month's murder convictions of Philadelphia abortion doctor Kermit Gosnell. The bill, which would ban nearly all abortions starting 20 weeks after fertilization, is unlikely to ever become law.NPR
Amazon Cuts Ties In Minnesota Ahead Of New Sales Tax
Amazon ends the contracts of people and businesses that are paid for sending customers to the retailer. The company has taken similar steps in other states that have passed laws like Minnesota's new sales tax legislation.Leave a Comment
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