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As senator, Obama missed votes on student loan bill he now wants to extend

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posted on Apr, 25 2012 @ 02:37 AM
One more article.....

In an effort to respond to this proposal, the Obama administration recently took several executive actions that will lower repayment burdens for some borrowers; for those enrolled in the income-based repayment plan, the changes could reduce monthly payments by a third. Surprisingly, though, neither the protest movement nor the administration is talking about the imminent doubling of student loan interest rates. Congress temporarily reduced interest rates to 3.4 percent for subsidized loans originating in 2011-12, but beginning next summer the rate for new loans will rise to 6.8 percent.

The Kicker......

I asked Mark Kantrowitz, publisher of and, why there hadn’t been more pressure to extend the interest rate reduction, especially given that the government turns a net profit on its student loan programs. He noted that these profits help pay for Pell grants and other student aid programs and said that many student aid advocates feared that any extension of loan interest reductions would necessitate larger cuts elsewhere. Given a choice between allowing interest rates to rise or cutting Pell grants, he said in an e-mail, “cutting the interest benefit is the lesser of two evils.”

Student Loan Debt: Who Are the 1%?

posted on Apr, 25 2012 @ 02:55 AM

Originally posted by braindeadconservatives
So do any of you guys support increase raising student loan rates 100%???

I'm glad none of you seem to support this, gives me a small wedge of faith

posted on Apr, 25 2012 @ 03:09 AM
reply to post by neo96

What's that?

Obama skipped out on voting for the student bill that is just so damned important now?

I thought students were important to him?

I thought he "Cares" !

Oh just when it's an election year.

This is a different bill, of course, perhaps to extend the bill that he skipped voting on, but a different bill none-the-less.

So, just out of curiosity, did that bill, the one Obama didn't vote on, pass or not? If this is a bill to extend that bill, it would seem that it passed without his vote. So was his vote required to ensure passage? Is it possible that he had a 'pass' to do something else that day like attend a committee meeting or some other Senate business?

Is it possible that you don't understand that every Congressman and every Senator is not present at every vote taken in their respective chamber, especially if the party leadership is confident that the vote is going to go their way and a member has important duties elsewhere.

Methinks you are too eager to find fault. If he had actually voted against it, you might have a reason to bellyache, but please leave some room in your attic for real life.

posted on Apr, 25 2012 @ 04:30 AM
Excuse me but is your agenda showing? 'skipped the vote' comes up a bit short. Was he in town that day and decided he would rather play some basketball or golf? How many other senators 'skipped the vote'?

posted on Apr, 25 2012 @ 01:40 PM

Originally posted by oghamxx
Excuse me but is your agenda showing? 'skipped the vote' comes up a bit short. Was he in town that day and decided he would rather play some basketball or golf? How many other senators 'skipped the vote'?

Excuse me but is your agenda showing?

And You Don't Have One?

More than likely Dear Leader Obama was on Vacation in July and September of 2007.

Here is some thing to answer your question,, seeing how your not Bias or Anything.

'skipped the vote'

Not One Vote But Two.

Obama twice skipped the Senate vote on the College Cost Reduction and Access Act when the bill came to the Senate floor first in July and again in September of 2007, according to public records

The bill, introduced by Rep. George Miller (D-Calif.) and signed into law by President George W. Bush, first cleared the Senate in July on a 78 to 18 vote, with Obama as one of only four senators who didn't cast a ballot. Obama did not cast a vote again in September, after the House and Senate had ironed out different versions of the bill. He was on the conference committee assigned to merge the House and Senate versions of the bill.

That's interesting, Obama was on the Conference Committee Assigned to Merge the House and Senate Versions of the Bill,,,,,, But he didn't vote either of the two times the bill came up,,,, Didn't Obama Like The Idea Of Cutting The Interest Rate of Student Loans in 2007?

When the Bush White House was pushing the Student Loan Interest Bill back in 2007 then Senator Obama could not find the time to stand up for students. Not once, but twice. Now that he is running for re-election (and the youth vote that supported him so overwhelmingly in 2008 has abandoned him)

The Next Statement you read will be the Most Accurate Statement Made About Many Peoples Lord and Savior Obama.

Utter hypocrisy. But then again Barack Obama will do whatever he can to get re-elected in 2012.

He's Pandering For Votes From The Weak and Simple Minded Among Us,,,,,,That is his Only Purpose Right Now, Look at how his Dept. of Injustice as sued Arizona for 1070,,,,, He's Pandering For The Hispanic Vote!

Edited to Add: This will be interesting for you Democrats,,,

Obama is more interested in re-election posturing than students. Today he blames congress for the bill that will expire on July, 1, 2012 sending student loan rates higher but he skipped two votes that would have lowered the rates and during stump speeches he’s even singled out republicans to correct it. The bill was written by the democrats with the looming expiration date!!!

edit on 25-4-2012 by guohua because: (no reason given)

edit on 25-4-2012 by guohua because: (no reason given)

posted on Apr, 25 2012 @ 01:55 PM
reply to post by guohua

ONE agenda? Hell no I have many including anti all party politics and anti tabloid journalism.

SKIPPED implies intentional. The outcome of the vote 78 to 18 was a given but he still should have been there to do what, cast the tie breaker?0/

posted on Apr, 25 2012 @ 02:01 PM
I love when the important parts of the article are left out of the post.

Obama was embroiled in a tough primary campaign in 2007 and was on the road for big chunks of time. His missed vote rate in the Senate soared to over 80 percent towards the end of the campaign.

“President Obama was directly involved in crafting this legislation to provide American families a fair shot at an affordable college education when it first passed in 2007, and now he’s calling on Congress to prevent interest rates from doubling on July 1 for more than 7.4 million students who will rack up, on average, an additional $1,000 unless Congress acts,” White House spokesman Matt Lehrich said.

He issued a statement when the bill was signed by President Bush, saying, "by investing in education we are restoring America's competitiveness in the world, and today is an important step forward."

The White House also pointed out his vote was not needed for passage.

Just more garbage from the Right. He was involved in writting the bill...he supported it...he praised the signing of the bill...AND HIS VOTE WASN"T NEEDED FOR PASSAGE.

This was during the primary...what is the point to travel across country to cast a vote that won't make a difference because the bill already had enough to pass???

posted on Apr, 25 2012 @ 03:12 PM
Yep guess its just too much to expect a Senator to hop on a hour flight and come back

after all campaigning was more important.

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