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Republicans Pass Interest Rate Reduction Plan

Friday, April 27, 2012 - 6:55pm

"We got to get Congress to do their part.  And that's where you come in."

After more than a week of blistering attacks by President Obama on the student loan issue Republicans passed their own interest rate reduction plan through the house and took a jab at the President at the same time.

"This week the President traveled across the country on taxpayers dime at a cost of $179,000 an hour insisting that Congress fix a problem that we were already working on."

The bill now heads to the Senate where its expected to be ignored.

If Lawmakers can't reach a compromise the college loan rates will double July first.

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