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House Ignores Veto Threat, Passes Bill to Stop Student Loan Rates from Doubling


Apr 27, 2012

Washington
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Today the House “ignored a veto threat” and passed a measure to stop new student loan rates from doubling this summer.  The bill pays for extending current rates by cutting a slush fund the president himself proposed cutting from ObamaCare – a law that’s making it harder for small businesses to hire new workers, including recent college graduates.

Speaking on the House floor, Speaker John Boehner noted that nearly half of recent graduates are unemployed or underemployed as a result of the president’s policies. Boehner also excoriated Democrats for exploiting the challenges facing young Americans and inventing a phony “war on women” for political gain. Watch Boehner here:


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