Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: originalbuckeye

They take student loan money for Obamacare. According to this (from 2013) the interest rate would go from 6.8 to 5.3 without Obamacare steeling from it http://thehill.com/opinion/columnists/dick-morris/302247-loans-subsidize-obamacare

It’s one of the things they did so the entire bill passed the CBO and Obama’s promise on cost.


10 posted on 03/10/2016 11:24:11 AM PST by LostPassword
[ Post Reply | Private Reply | To 1 | View Replies ]


To: LostPassword

Yes, and my recollection was that in nationalizing student loans to pay for 0bamacare, they were supposed to hike the interest rate. When it came time to implement same, the people who are clamoring for Bernie to pay off stupid loans with our money were the same ones who screamed like little piggies at the prospect of their interest rates going up. And I thought the cancelled the rate increase.

Thus, they already abandoned the phoney baloney numbers they tried to cook into the books to make 0bamamcare look fiscally sustainable.

Now they just don’t care what the numbers say since they have their program, thanks to Justice Roberts.


15 posted on 03/10/2016 12:29:40 PM PST by henkster
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson