Will Republicans put party over country again?

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With only a week to go until funding expires for federal highway construction and student loan rates soar, negotiators in Congress are working to cut a deal that would defuse two political time bombs ahead of the November general election.


"All I can confirm is that work continues through the weekend, the goal being a final agreement that can get wrapped up next week," a House of Representatives Republican aide said on Saturday.


Failure would have a direct impact on the economy ahead of the November 6 vote. About 3 million road, rail and transit jobs hinge on the transportation funding bill.


Without a deal, interest rates for federal student loans are set to double on July 1 to 6.8 percent.


Democratic negotiators had offered concessions on Republican demands to streamline environmental reviews for certain types of road projects to speed construction, said aides from both parties.


Also in play was a possible compromise to ease proposed environmental regulations for coal ash, a byproduct of coal-fired power plants used to lower the cost of cement and other construction materials.


The battle over the Keystone XL crude oil pipeline from Canada to Texas continues to loom over the talks.


House Republicans want quick approval of the pipeline as part of the transportation bill...


Republicans have already been exploring alternatives for attaching the Keystone fast-track provision to other crucial legislation this year.




http://www.chicagotribune.com/news/...nsportationbre85m0l7-20120623,0,5481980.story
 
With only a week to go until funding expires for federal highway construction and student loan rates soar, negotiators in Congress are working to cut a deal that would defuse two political time bombs ahead of the November general election.


"All I can confirm is that work continues through the weekend, the goal being a final agreement that can get wrapped up next week," a House of Representatives Republican aide said on Saturday.


Failure would have a direct impact on the economy ahead of the November 6 vote. About 3 million road, rail and transit jobs hinge on the transportation funding bill.


Without a deal, interest rates for federal student loans are set to double on July 1 to 6.8 percent.


Democratic negotiators had offered concessions on Republican demands to streamline environmental reviews for certain types of road projects to speed construction, said aides from both parties.


Also in play was a possible compromise to ease proposed environmental regulations for coal ash, a byproduct of coal-fired power plants used to lower the cost of cement and other construction materials.


The battle over the Keystone XL crude oil pipeline from Canada to Texas continues to loom over the talks.


House Republicans want quick approval of the pipeline as part of the transportation bill...


Republicans have already been exploring alternatives for attaching the Keystone fast-track provision to other crucial legislation this year.




http://www.chicagotribune.com/news/...nsportationbre85m0l7-20120623,0,5481980.story

Outrageous that student loans will rise when interest rates are so low. Society requires young people to get an education leading to a good job so they can contribute to the pensions of the baby boomers. If youth have to struggle and sacrifice it's natural they won't want to contribute to the benefit of the elderly. Just one more example of Repubs trying to throw a wrench in the gears of social programs. Scum of the highest order.
 
you already know about it, don't pretend you don't......here's a clue when you google it.....it passed on April 27, 2012......
 
President Obama urged lawmakers to pass a multi-year transportation bill and legislation to subsidize college student loans.

Federal transportation funding and student loan subsidies are scheduled to expire at the end of the month.

Obama used his weekly address to warn this would put the national economic recovery at risk and told members of Congress to stop playing politics.

“There’s no excuse for inaction,” he said. “Right now, we are seven days away from thousands of American workers having to walk off the job because Congress hasn’t passed a transportation bill.

“We are eight days away from nearly seven and a half million students seeing their loan rates double because Congress hasn’t acted to stop it,” he added.

The House passed student loan legislation in April that would cut nearly $6 billion from a preventative healthcare fund set up by the 2010 Affordable Care Act.

Obama has threatened to veto that bill.

The president praised the Senate for passing a bipartisan transportation bill in March that was supported by 22 Republicans.

Senate Majority Leader Harry Reid (D-Nev.) recently accused House Majority Leader Eric Cantor (R-Va.) of deliberately stalling the transportation bill to slow the economy and boost Republican political prospects.

“Cantor, of course — I’m told by others that he wants to not do a bill and make the economy worse because he feels that’s better for them,” Reid said. “I hope that that’s not true.”



http://thehill.com/homenews/administration/234387-obama-intensifies-fight-with-congress
 
President Obama urged lawmakers to pass a multi-year transportation bill and legislation to subsidize college student loans.

Federal transportation funding and student loan subsidies are scheduled to expire at the end of the month.

Obama used his weekly address to warn this would put the national economic recovery at risk and told members of Congress to stop playing politics.

“There’s no excuse for inaction,” he said. “Right now, we are seven days away from thousands of American workers having to walk off the job because Congress hasn’t passed a transportation bill.

“We are eight days away from nearly seven and a half million students seeing their loan rates double because Congress hasn’t acted to stop it,” he added.

The House passed student loan legislation in April that would cut nearly $6 billion from a preventative healthcare fund set up by the 2010 Affordable Care Act.

Obama has threatened to veto that bill.

The president praised the Senate for passing a bipartisan transportation bill in March that was supported by 22 Republicans.

Senate Majority Leader Harry Reid (D-Nev.) recently accused House Majority Leader Eric Cantor (R-Va.) of deliberately stalling the transportation bill to slow the economy and boost Republican political prospects.

“Cantor, of course — I’m told by others that he wants to not do a bill and make the economy worse because he feels that’s better for them,” Reid said. “I hope that that’s not true.”



http://thehill.com/homenews/administration/234387-obama-intensifies-fight-with-congress

see?.....I knew you were already aware of it.....
 
see?.....I knew you were already aware of it.....

This is why.

The House passed student loan legislation in April that would cut nearly $6 billion from a preventative healthcare fund set up by the 2010 Affordable Care Act.

Obama has threatened to veto that bill.

As opposed to paying for the student loan interest rate decrease with a small tax on corporate profits. Once again, fuck the poor for the profits of the rich.

Senate Majority Leader Harry Reid (D-Nev.) recently accused House Majority Leader Eric Cantor (R-Va.) of deliberately stalling the transportation bill to slow the economy and boost Republican political prospects.

Bingo. It's all about obstructionism.

Obama has bent over so backwards to compromise with the Republicans he's become a Centrist. But...NO!...that's not good enough for the Republicans. They are the party of "my way or the highway", abuse of the filibuster, and obstructionism.
 
Once again, fuck the poor for the profits of the rich.

odd.....why would helping students pay their interest profit the rich?.......and why would using some unapportioned funds from the healthcare act (which Obama had attempted to shift to another purpose in his recent budget which no one voted for) be fucking the poor?......
 
lol.....so the fact that Reid has used cloture votes to prevent filibusters (which the Republicans seldom did) is taken by you as evidence that filibusters have blocked legislation?......wouldn't the fact that filibusters have been prevented by a record number of cloture votes actually show that they have LESS impact on legislation?.....
 
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