Student loan, highway bill consensus may be near
TALK RADIO NEWS SERVICE
WASHINGTON - With two major legislative priorities coming down to the wire this week, Senate leaders hinted Tuesday that measures to prevent the doubling of student loan rates may accompany passage of an omnibus highway bill.
Addressing reporters following their weekly Senate caucuses, Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) both projected confidence that a deal could be reached.
While Reid declined to comment on which provisions are stalling legislative agreement, seemingly for fear of spoiling a delicate bipartisan compromise, McConnell explained that he was pleased consensus loomed on student loan rates despite “President Obama being largely uninvolved” in the proceedings.
In spite of his jab at the president, McConnell opined that the Senate has recently started to operate “like it used to,” referencing last week’s passage of a five-year extension of the farm bill and other points of legislative agreement.
“For some of our members it is almost an out-of-body experience,” McConnell said with a smile.
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Posted by Gary
on Jun 26 2012. Filed under Breaking News, Economy/Business/Labor, Education, Top stories, US.
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