Congressional leaders decided to roll the transportation and student loan legislation into a single bill because, in the short term, they were both being paid in part by changes in pension laws.
Congressional bargainers reached an agreement earlier this week on the $6 billion college loan portion of that bill that would avert a doubling of interest rates beginning Sunday on federal loans to 7.4 million students. The current 3.4 percent interest rate on subsidized Stafford loans would balloon back to 6.8 percent on Sunday under a cost-saving maneuver contained in a 2007 law. - Christian Science Monitor
Deficit Spending
Christian Science Monitor - Congress Moves Toward Passage of Highway Bill, Takes Action on Student Loans
Eric Holder
Politico - Eric Holder Contempt: Democrats Protest Vote With Walkout
ObamaCare
ABC News - Could the Republicans Really Repeal ObamaCare?
Los Angeles Times - Conservatives Seize on Tax Label to Attack Healthcare Ruling
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