The bill sent for president barack obamas signature

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Unformatted text preview: ss, 6-29-12 (Alan, Joan, Associated Press, “House, Senate Pass Transportation Bill, Extend Current Student Loan Rates”, http://www.huffingtonpost.com/2012/06/29/transportation-bill-student-loans_n_1638116.html , 7-1) EIL {WASHINGTON — Congress emphatically approved legislation Friday preserving jobs on transportation projects from coast to coast and avoiding interest rate increases on new loans to millions of college students, giving lawmakers campaignseason bragging rights on what may be their biggest economic achievement before the November elections. The bill sent for President Barack Obama's signature enables just over $100 billion to be spent on highway, mass transit and other transportation programs over the next two years, projects that would have expired Saturday without congressional action. It also ends a bare-knuckle political battle over student loans that raged since spring, a proxy fight over which party was best helping voters muddle through the economic downturn. Obama signed a one-week temporary measure Friday evening, permitting the highway and loan programs to continue u...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas.

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