Democrats & Republicans Propose Plans To Stop Student Loan Interest Rates From Doubling

Preventing the hike in interests rates will cost between four and six billion dollars – and Democrats in the Senate propose paying for it by closing what they call the “John Edwards Loophole” that allows high-priced consultants to escape from paying payroll taxes. Republicans in the House propose paying for it by slashing preventative healthcare programs included in Obamcare. So, these are the two choices: one, closing a corporate tax loophole, or two, cutting off funding to make sure Americans get the healthcare they need. In any other session of Congress – this would be an obvious choice. But with today’s Republican Party that even the Catholic Bishops say has lost its moral compass, Americans might have to choose between seeing a doctor and going to college in the near future.