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Thursday, April 26, 2012

House to Vote on Student Loans

An electoral battle between President Obama and Republicans over young voters escalated Wednesday when Speaker John Boehner scheduled a Friday vote to stop interest rates on student loans from doubling this summer.

Boehner (R-Ohio) coupled the vote  with an attack on Obama’s healthcare law, announcing he would pay the $5.9 billion cost of extending the loans with funds from what he called a healthcare “slush fund” set up for preventive care.

The Speaker’s surprise move is a GOP push against Obama’s efforts to lock up student voters, a constituency that was vital to his 2008 election.

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