GOP blocks measure; parties can't agree how to pay for it
(NEWSER) - Hope your federal student loans are paid off, kids, because Washington appears deadlocked over legislation that would prevent their rates from doubling this July. A Senate bill to do so failed in a 52-45 vote along party lines today, failing to get the 60 votes needed to avoid a filibuster, the Hill reports. Republicans objected to Democrats' method of paying for the bill, namely closing tax loopholes enjoyed by S-corporations . More»
