http://www.politicususa.com/2014/06/07/republicans-block-bill-40-million-people-raises-taxes-millionaires.html
Senate Republicans are signaling that they are going to block Elizabeth Warren’s bill to help 40 million students refinance their loans, because it would raise taxes on millionaires.
The president said:
I’ve taken action on my own to offer millions of students the opportunity to cap their monthly student loan payments to 10% of their income. But Congress needs to do its part. The good news is that Senate Democrats are working on a bill that would help more young people save money.
Just like you can refinance your mortgage at a lower interest rate, this bill would let you refinance your student loans. And we’d pay for it by closing loopholes that allow some millionaires to pay a lower tax rate than the middle class.That’s the choice that your representatives in Congress will make in the coming weeks – protect young people from crushing debt, or protect tax breaks for millionaires. And while Congress decides what it’s going to do, I will keep doing whatever I can without Congress to help responsible young people pay off their loans – including new action I will take this week.
Although this bill has 35 Senate co-sponsors, Republican Minority Leader Mitch McConnell is signalling that he is going to block the legislation from passing. McConnell said, “This bill doesn’t make college more affordable, reduce the amount of money students will have to borrow, or do anything about the lack of jobs grads face in the Obama economy.”
ever notice how republicans repeatedly say anything that Pres. or admin bring to the congress after refusing to help Americans those bills would do they blame Pres. for their negative approach to why it's useless for them to even bring it to the floor and it would do nothing that's because they would refuse whatever comes after it over and over.
though they've been handed their butts last two elections that 2008 promise to sink Pres. is still alive and kicking, does that mean their obsession with him takes away time to bash Hiary like it took away time for them to do what they are aid for isn't that grand theft?
