Dems’ Graduation Gift to College Grads: ObamaCare Stronger, Economy Weaker, Student Loan Rates Higher
April 27, 2012
FYI, a similar version of this release below went out to the following districts: Shelley Adler (NJ-03), Pete Aguilar (CA-31), Jeff Anderson (MN-08), Ami Bera (CA-07), Leonard Boswell (IA-03), Bruce Braley (IA-01), Lois Capps (CA-24), Ben Chandler (KY-06), David Cicilline (RI-01), Tarryl Clark (MN-08), Gerry Connolly (VA-11), David Crooks (IN-08), John Delaney (MD-06), Val Demings (FL-10), Lois Frankel (FL-22), Pete Gallego (TX-23), John Garamendi (CA-03), Alan Grayson (FL-09), Pam Gulleson (ND-AL), Clark Hall (AR-01), Jose Hernandez (CA-10), Jim Himes (CT-04), Paul Hirschbiel (VA-02), Steven Horsford (NV-04), Q. Byrum Hurst (AR-04), Steve Israel (NY-03), Bill Keating (MA-09), Pat Kreitlow (WI-07), Ann McLane Kuster (NH-02), Rick Larsen (WA-02), David Loebsack (IA-02), Alan Lowenthal (CA-47), Nita Lowey (NY-17), Dan Maffei (NY-24), Carolyn McCarthy (NY-04), Jerry McNerney (CA-09), Michael Michaud (ME-02), Brendan Mullen (IN-02), Patrick Murphy (FL-18), Mark Murphy (NY-11), Rick Nolan (MN-08), John Oceguera (NV-03), Scott Peters (CA-52), Chellie Pingree (ME-01), Nick Rahall (WV-03), Ciro Rodriguez (TX-23), Raul Ruiz (CA-36), Lori Saldaña (CA-52), Carol Shea-Porter (NH-01), Betty Sutton (OH-16), Mark Takano (CA-41), John Tierney (MA-06), Paul Tonko (NY-20), Niki Tsongas (MA-03), Christie Vilsack (IA-04), Jamie Wall (WI-08), Charlie Wilson (OH-06), John Yarmuth (KY-03)
Sutton’s Graduation Gift to College Grads: ObamaCare Stronger, Economy Weaker, Student Loan Rates Higher
Ohio Democrat Votes to Defend the Government Takeover of Healthcare Rather than Prevent Student Loan Rates from Doubling
WASHINGTON — When forced to choose today, Betty Sutton determined that protecting the Democrats’ government takeover of healthcare was more important than helping future college graduates who are already struggling with her failed Democrat economic policies. This time, Sutton voted (Roll Call #195, 4/27/12) to let student loan interest rates double because she refused to cut an unpopular slush fund in the government healthcare takeover to pay for these benefits.
“Betty Sutton has demonstrated her priorities again today, putting the government takeover of healthcare before the college graduates already struggling under the Democrats’ failed economic leadership,” said NRCC Communications Director Paul Lindsay. “Since young job seekers are so disproportionately impacted by Sutton’s failed taxing, spending and borrowing spree, it is disappointing she is unwilling to make the tough choices necessary to keep their interest rates low.”
The funds necessary to prevent student interest rates from doubling on July 1st would come from an unpopular slush fund contained in the government takeover of healthcare:
“An electoral battle between President Obama and Republicans over young voters escalated Wednesday when Speaker John Boehner scheduled a Friday vote to stop interest rates on student loans from doubling this summer. Boehner (R-Ohio) coupled the vote with an attack on Obama’s healthcare law, announcing he would pay the $5.9 billion cost of extending the loans with funds from what he called a healthcare ‘slush fund’ set up for preventive care.” (Molly K. Hooper, Mike Lillis and Amie Parnes, “House to vote on student loans,”
The Hill‘s
On The Money Blog, 4/25/12)
The dismal economy has left half of young college graduates underemployed or unemployed:
“The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge… About 1.5 million, or 53.6 percent, of bachelor’s degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent…” (Hope Yen, “1 in 2 new graduates are jobless or underemployed,”
Associated Press, 4/23/12)
And these same young people will be burdened by the Democrats’ record-setting spending and borrowing spree for years to come:
“Obama is the undisputed debt king of the last five presidents, rather than the guy who added a piddling mount to the debt.” (Louis Jacobson, “Nancy Pelosi Posts Questionable Chart on Debt Accumulation by Barack Obama, Predecessors,”
Politifact, 5/19/11)
Dems’ Graduation Gift to College Grads: ObamaCare Stronger, Economy Weaker, Student Loan Rates Higher http://ow.ly/aySvV #madeinwdc
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