Obama would veto Republican student loan bill, says White House

The pitched political battle over student loans isn't going away. On Friday, the White House threatened to veto a bill to keep interest rates on a popular kind of loan from doubling come July 1 because the Republican-crafted legislation pays for it by tapping a special fund in President Barack Obama's landmark health care law. The House ignored the veto threat and passed the bill anyway on Friday, with a 215-195 vote. Obama criss-crossed the country this week in support of...Full Story
Commenting on this article is closed.