Under the Republican plan, America’s students will spend six and a half more years in debt than under the Democratic plan. Congress needs to take action by July 1.
Welcome to the American Student Loan Crisis of 2013.
If Congress doesn’t act by July 1st, the interest rate on Stafford Loans will double from 3.4 percent to 6.8 percent.
Instead of addressing this impending increase that hurts American students, the Republican plan actually makes it worse. In just five years, under the Republican plan, loan rates will rise 7.7 percent.
More than 38 million Americans have outstanding loan debt, totaling almost $1 trillion dollars. The Democratic plan keeps Stafford loan interest rates at 3.4% to ensure that cost is not a barrier to accessing higher education.
According to House rules, when you submit a bill you also have to submit a document detailing what part of the Constitution gives you the authority to pass legislation. This was a recent Republican addition to the House rules and they often attempt to call out Democrats for what they see as misinterpretations of Constitutional authority.
However, when it comes to a Woman’s right to choose, they have no problem breaking this rule. Even though the Supreme Court settled this debate in 1973.
The House just passed my bipartisan Obamacare repeal bill.
(Oh, and welcome to my new Tumblr!)
Snapshot of what types of jobs have been driving the economic recovery in the Inland Empire over the last year.
Rate me however you’d like; I support the National Labor Relations Board in its mission to protect workers.
Student loan interest rates are set to double at the end of the month unless Congress takes action. HR 1595, the Student Loan Relief Act would keep interest rates at 3.4%. And yes, I know that these are actually examples of colons.
In my DC office, we have a chalk board full of Capitol Hill clichés to avoid. I want my office to be original, and while we may slip from time to time, it’s important to me that my staff is forthright when talking to constituents about what is going on in Washington. After all, I’m an English teacher!
Did we miss any? What are your least favorite political clichés?
This is the economic argument for Comprehensive Immigration Reform.
Reblog and tell me why you think Congress should pass Comprehensive Immigration Reform.
#timeisnow
Senator Richard Roth & Congressman Mark Takano #MemorialDay
A teacher needs his chalkboard.
Today I voted against a Republican plan that would have raised interest payments on student loans by thousands of dollars. However, we won’t prevent students from being saddled with debt until we address the actual cost of tuition. Lower the principal and you make every type of loan more affordable.
Happy Harvey Milk Day! I was proud to recite a famous speech originally delivered by Harvey Milk on the house floor in his honor.
A group called the Coalition Against S744 (Immigration Reform) recently penned an open letter full of myths about immigration reform hurting Social Security.
I’m more inclined to believe the Chief Actuary of the Social Security Administration who said: “Over this longer time frame (75 years)… the additional births for the increased population under this bill (S744) will have substantial positive effects.”
Here is that statement explained in emoji.