Last updated on June 7th, 2014 at 12:41 pm
John Boehner is trying to blame Obama and the Democrats for not supporting the House Republican bill that would raise loan rates for students.
Video:
Boehner said:
You know, after Friday’s jobs report it’s pretty clear that the economy is not growing the way the American people want it to grow. We’ve had four years of anemic economic growth. I believe the president’s policies continue to get in the way of small businesses and investors willing to invest in this economy. That’s why House Republicans are going to continue to stay focused on our economy and the issue of jobs in our country.
In addition to that, the House has passed a student loan bill to make sure that interest rates on students doesn’t double on July 1st. The Senate had a couple of show votes last week, but I’m hoping that they’re going to be willing to sit down with us and the administration to resolve this issue. We’ve done our job, it’s time for the Senate to sit down with the House to make sure that students aren’t harmed…by the lack of work in this Congress.
As with everything John Boehner says, the devil is in the details. Notice Boehner said student loan rates won’t double on July 1st in the House bill, but what he didn’t say is that the House bill would permanently more than double student loan interest rates by turning the program into a variable rate scheme. The House passed plan allows lenders to reset the interest yearly for students.
What John Boehner was really complaining about the Senate’s refusal to go along with the House Republican scheme to hand student loans back over to the big banks. House Republicans aren’t trying to save students. They are trying to make their financial situation worse, so that the wealthiest Americans can have more tax cuts.
Speaker Boehner’s attempts to fool the American people should only work on the most dimwitted true believers on the right. Behind the gibberish, Boehner was sending out a desperate SOS. His ship is sinking, and he once again needs Senate Democrats and the White House to bail him out. The Speaker of the House is using talking points that complete contract the legislation that he has passed.
John Boehner’s tactics are an insult to the collective intelligence of our nation. When Boehner starts blaming Obama and the Democrats, the white flag has been raised, and the ship is going down fast.
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