White House: Obama would veto GOP student loan plan
April 27th, 2012
01:50 PM ET
2 years ago

White House: Obama would veto GOP student loan plan

Washington (CNN) - The White House said Friday that President Barack Obama would veto a Republican measure passed by the House to extend lower interest rates on federal student loans because it takes money from a health care fund that benefits women.

A White House statement said Obama's senior advisers would recommend a veto if the House measure, which passed 215-195 on a largely party-line vote, were to win Senate approval and reach the president's desk.


Filed under: Nancy Pelosi • President Obama • Republicans
soundoff (73 Responses)
  1. The Real Truth and Nothing But Real Truth

    Thomas - You can't have freedom without affordable healthcare , you can't have decent healthcare without affordable education.
    ===========================================================================================
    What utter nonsense. We had freedom long before healthcare and there is no linkage at all between affordable education and decent healthcare.

    And you can't have ANY of them without paying for them. It is not the role of government to provide for all human needs. I suggst you start exercising some personal responsibilty, get a job, and pay for them. The government is NOT your mommy and daddy.

    April 27, 2012 02:12 pm at 2:12 pm |
  2. The Real Truth and Nothing But Real Truth

    FYI: If the Justices strike down the healtcare law, there won't be any student loan money that the GOP is attaching it to . ===========================================================================================
    Wrong as usual. Obamacare had BILLIONS already appropriated in the bill to implement it. THAT is the money that would be used, not money for women and children like the lying Obama and Pelosi spew.

    April 27, 2012 02:16 pm at 2:16 pm |
  3. Lynda/Minnesota

    @Sue: Did you all miss this part of the article above..........."Obama will veto it, even "IF" the Senate Democrats support/vote for the Republicans' plan".
    ----------------

    From the article:

    "The White House said Friday that President Barack Obama would veto a Republican measure passed by the House to extend lower interest rates on federal student loans because it takes money from a health care fund that benefits women."

    The House "added" the funding stipulation "after" the Senate voted on it... Nancy is suggesting that she/Democrats/President Obama won't accept taking funds from Healthcare - specifically funding for breast scanning and childhood immunizations - as a viable alternative. There are other areas which can be cut. Military spending and / or tax increases for those who never need to worry over student loan costs, or breast cancer screening costs, or their childrens immunization costs are but two such programs.

    April 27, 2012 02:22 pm at 2:22 pm |
  4. Little Jimmy Truth

    Oh wow... King Obama like King George in 1770s, killed affordable student loans and rose more taxes.

    April 27, 2012 02:27 pm at 2:27 pm |
  5. John

    What does the Republican really got It In for Women ,the Middle Class, The Poor and the OLD. The American People have to get rid the the Republican out of congress so President Obama can get thing done.

    April 27, 2012 02:40 pm at 2:40 pm |
  6. Marie MD

    @pit bull, no bo ner isn't right if you are taking money from the poor. learn something, Obamacare doesn't go into effect until 2014, except for children to 26 right now in their parent's insurance and the senior donut hold has been closed for seniors eho now don't have to pay $2K to $3K out od their pockets. so tell your boy limberger and the faux news crazies to report the news not make it up! BTW pit bulls are wonderful intelligent dogs. You should pick another moniker!!!
    Speaking of balls, Pelosi has bigger ones than then speaker of the house who only cries and drinks himself silly every night!

    April 27, 2012 02:44 pm at 2:44 pm |
  7. Gurgyl

    Gospel truth. GOP idiots are destroying middle class Amerina.

    April 27, 2012 02:44 pm at 2:44 pm |
  8. selling books

    So Boehner was looking to sneak one in.. so he could claim that Obama signed a bill into law that hurt women. They will stop at nothing!

    April 27, 2012 02:50 pm at 2:50 pm |
  9. Lionel

    I can't believe Republicans are still playing those games. They are going to cut money from women to extend the student loans. How about eliminating the Bush tax cut for wealthy to pay for this.

    Let vote these guys out in November.

    Latinos for Obama 2012

    April 27, 2012 02:51 pm at 2:51 pm |
  10. Sniffit

    "His experience as both a governor ( MA loved him "

    HAHAHAHAHAAHAHA...Deputy Doublethink left the MA state house with an approval rating of approximately 30% and had ZERO chance of getting re-elected. But that's ok...whatever helps you sleep at night, junior. Besides, he only wanted to be governor long enough to put it on his "I'm running for POTUS" resume and get himself the street cred of morons in the MSM having to call him "governor" during debates and interviews.

    April 27, 2012 02:52 pm at 2:52 pm |
  11. GI Joe

    Hmmm – what did we cut to keep subsidizing the oil companies? Oh year, they want more tax cuts. Two minuses - kinda like two unpaid-for wars.

    April 27, 2012 02:54 pm at 2:54 pm |
  12. B

    Every single time the President attempts to put forward positive legislation the Republicans come up with an alternative law that would make going along with them impossible to move on!

    They are willing to Sabotage any and everything Obama attempts to make a positive advance for middle America.

    The President does not want to destroy one established positive asset that will help people to give the Republicans what they want- Hostage legislation- which is always what they propose. It has been their singleminded strategy sense he took office.

    April 27, 2012 02:54 pm at 2:54 pm |
  13. Sniffit

    "Gospel truth. GOP idiots are destroying middle class Amerina."

    Put that in past tense and I'll agree with you.

    April 27, 2012 02:54 pm at 2:54 pm |
  14. GI Joe

    Maybe we should cut congressional perks and healthcare to take care of a part of it. THEY all get cash from wall-street and lobbyists.

    April 27, 2012 02:55 pm at 2:55 pm |
  15. Rudy NYC

    The Real Truth and Nothing ......wrote:

    ...Anybody noticing a pattern of smoke and mirrors here??? Anybody noticing the lack of spine??? Anybody noticing extreme pandering here???....
    ---------------
    I pity you. You have no idea how clueless you sound.

    1. As you point out, the Doc Fix was enacted over ten years ago. That was when Republicans ran both chambers of congress and the White House. It was a move designed to kill Medicare by making it difficult to get care under the program. In other words, it was a legislative sabotage by the Republicans to implode Medicare and destroy it.

    2. The Payroll Tax Holiday was a middle class tax cut designed to make Republicans show where their priorities really are, and what the stand for. Republicans filibustered a middle class tax cut on income taxes. So, Democrats came up with this tax cut for the middle class, which is outside of the normal budget. Good grief. Have you forgotten about the corner the Tea Party painted itself into just before this past Christmas? It was a well designed political trap, and the Tea Party proudly marched right into ti.

    3. George W. Bush attempted to privatize the student loan program. He created an entire industry of middlemen who sit between the government and students taking the cut out of the cash allocated to student loans. The Republicans did this when they controlled everything, and set the minimum rate that students could be charged. It was too high, and there was no market pressure to drive it down. It was the perfect cash cow. Democrats took back the House in 2006, and passed a law in 2007 setting the minimum rate to a lower value.

    In other words, all of this broken legislation that you are complaining about is all a result of horrifically partisan legislation and gamesmanship on the part of Republicans. You need to learn what it is you are talking about before you go spouting of rants that you have heard elsewhere. Most of what you have apparently heard are all lies, designed to deceive and mislead. In your case, it has worked like a charm. I pity you.

    April 27, 2012 03:03 pm at 3:03 pm |
  16. GI Joe

    @John, PA

    Of course Obama will veto the GOP student loan plan.

    The Democrats put the increase for interest rates on student loans into law in 2007!

    ---------------–
    NO – it was put in in 2006 - try again. The lies aren't working this time around.

    April 27, 2012 03:04 pm at 3:04 pm |
  17. mark

    Republicans have set up the biggest Defeat ever in November. They continue to go after the womens health care. But leave big tax incentive for OIL and big corporation. Wake up Republicans People understand what your doing.

    April 27, 2012 03:09 pm at 3:09 pm |
  18. Jason H

    Rudy NYC -
    Not sure if we are on the same wave length here.

    If this is the proposal I want the president to veto it. Mind you I have a brother still in college. But we can't steal money from Peter (the women and children who need health services) to pay paul (college students who don't need their tax rate to rise).

    Very sneaky Republicans. Any which way the president decides to do you can throw it up in his face... AGAIN.

    April 27, 2012 03:15 pm at 3:15 pm |
  19. Sniffit

    "She is a self-serving hypocrite who SAYS she's a Catholic but is disloyal to her chosen Faith;"

    You seem to be confusing her with Paul Ryan. See, he received a letter from the U.S. Conference of Catholic Bishops telling him that his Pathology of Plutocracy budget does not comport with the teachings of the church and Jesus because it screws the poor, the sick, the elderly, the needy, the disabled, etc. His response: to make a speech at Georgetown University telling them that they are wrong and he knows better than they do whether his budget complies with Christian teachings. CNN isn't reporting on it because it looks truly horrible for Ryan and for the GOP/Teatrolls that voted whole-hog for that budget. By extension, it lokos terrible for Deputy Doublethink too, since he has expressed complete support for that so-called budget...but the MSM knows it needs to prop him up so they can have their horse race to report on breathlessly and with much bobbleheaded clownery.

    April 27, 2012 03:17 pm at 3:17 pm |
  20. fernace

    This seems to be a "smoke & mirrors" kind of bill! On the surface is seems to want to help students w/their mountainous debt, but crack the lid & let the smoke out & it's clear that the measure will be had on the backs of womens & childrens healthcare! Just an observation, but doesn't this measure seem custom made for an Obama veto, which can then be used as another way to attack his policies! Word to the wise Republican politicans out there (if there are any left), taking from 1 deserving group & giving to another is not "helping" & will win y'all no "popularity contests"! We, the citizens, are all fighting for our lives here, to restore our country to the inclusive, strong middleclass nation we 1ce were! We need our publicly voted for, public servants to work towards that end, not to pit 1 needy group against another!!

    April 27, 2012 03:19 pm at 3:19 pm |
  21. Sniffit

    "Have you forgotten about the corner the Tea Party painted itself into just before this past Christmas?"

    Dude...the people who regurgitate mindless Luntzian talking point fed to them by the GOP/Teatrolls, Red State and Faux Noise can't remember what they ate for breakfast. You're asking too much.

    April 27, 2012 03:21 pm at 3:21 pm |
  22. vic , nashville ,tn

    Election year republicans agenda is take money from students or take money from women health care , they didn’t consider Oil companies subsidy or Bush tax cut

    April 27, 2012 03:23 pm at 3:23 pm |
  23. Rudy NYC

    @Jason_H – We're on the same page. You spelled out the bobby trap quite nicely.

    Also, the Republicans only want to extend it for one year, paying for it from the ACA, which they plan to repeal and replace with nothing. Should the ACA get repealed, there would be no funding source. That is their impetus of their argument to only fund it for one year. "Uncertainty. We don't know the future of the ACA." And all of this uncertainty on the student loans is a result of Republicans tying to a piece of legislation that they want to repeal.

    April 27, 2012 03:25 pm at 3:25 pm |
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