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Obama Threatens To Veto Student Loan Act That Cuts Health Care Fund

What a Hobson's choice. It's not easy being president, especially when the so-called "loyal opposition" so consistently holds the poor and powerless hostage. Sometimes I wonder how they got so screwed up that they put power and greed ahead of other human beings, because this is just plain amoral: President Barack Obama threatened on Friday to veto a House Republican bill that would keep government-backed student loan interest rates at their current level because of a poison-pill amendment, even though his veto would play directly into an obvious trap laid by Republican political strategist Karl Rove.
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Democrats Say Republican Effort To Defund Prevention Is Part Of Party’s ‘War On Women’

US Politics / Liberal : The Wonk Room (2 years ago)

Moments before the House Republicans disregarded President Obama’s veto threat and passed a bill preserving lower interest rates on student loans by gutting the Affordable Care Act’s Prevention and Public Health Fund, the Democratic... Read Post

House Republicans to fund student loan rate cut with cuts to health care

US Politics / Liberal : Daily Kos (2 years ago)

Speaker John Boehner finds his hostage. (Yuri Gripas/Reuters) House Republicans have found another hostage, this time in the student loan interest rate fight. And their target is the Prevention and Public Health Fund in the Affordab... Read Post

White House Threatens Veto Of Student Loan Bill That Would Slash Preventative Care

US Politics / Liberal : The Wonk Room (2 years ago)

The White House announced Friday morning that President Obama will veto a student loan bill that would maintain lower interest rates on Stafford loans by gutting the Affordable Care Act’s Prevention and Public Health Fund. The bill,... Read Post


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