Skip to comments.Scaring the Children [Why Obama Is Such An Inveterate Liar!]
Posted on 04/28/2012 10:08:40 AM PDT by Steelfish
Scaring the Children By ROSS KAMINSKY on 4.27.12
Obama's Democrats want to stick Republicans with student loan interest rates they themselves mandated.
On Friday, in response to President Barack Obama's latest divide-and-conquer tactic, the House of Representatives will vote on a measure to prevent interest rates on subsidized Stafford (college) loans from doubling from 3.4 percent to 6.8 percent, covering the $5.9 billion one-year price tag of the loan subsidy with money from a preventative care "slush fund" created by Obamacare.
Not surprisingly, Democrats suggest raising taxes to cover the cost of their latest vote-buying idea. Following Friday's vote, expect to hear Nancy Pelosi and MSNBC talking heads squawking that Republicans want Americans to get cancer.
Since the "Republican War on Women" claim and the Buffett Rule are both failing to sway voters, Obama's current bright idea is to scare Nanny State-coddled "it's our right!" college students (and their slightly less entitled, mostly middle class parents) about evil Republicans wanting to raise interest rates on college student loans.
Earlier this week, our hyper-political president took his transparent vote-buying argument to major colleges in three political swing states: The University of Colorado, the University of Iowa, and the University of North Carolina.
(Excerpt) Read more at spectator.org ...
Maybe the Republicans should call the Swnate Dims bluff and accept their proposal. Raise Social Sec and Medicare Taxes permanently to cover one year’s extention of Student loan rates?
It was passed by the Dems in 2007, including the sunset provision. That way everyone would get screwed and the Libs would have to defend their actions.