has gone down. do you have any comments for us on that new report? the i.t. report says they were spending too much, in these conferences and in this day and age and not just with with fiscal situation and with videoconferencing. we can save the irs an awful lot of money if we did the teleconferencing. i d like to see us follow up on the i.g. report and change our practices and there s another issue going on here. the heritage foundation sent a letter to the leadership and the republican leadership saying, look. don t bring bills to the floor, like the farm bill, okay? which is very important for us to debate. focus the investigations where the republicans are united on just bashing government and don t focus legislation where they actually have internal debates about the farm bill. we just saw, we re not doing anything to stop student loan rates from going from 3.4% to 6.8% and, you know, investigate fine, but our job is to
if they go too far, they will lose. well, i m sorry to disappoint senator schumer, but if we don t go scandal mongering now, we may not have the time to do it later. after all, while the gop-controlled house may be back in session today, we ve only got a few more four-day workweeks until a week-long july fourth recess. and then, well, it s just a few more four-day workweeks until a month-long august recess. and so i m sorry, but between scandals on the one hand, and student loan rates and head start on the other, something had to give. joining us now is democratic congressman peter welsh of vermont. good afternoon, sir. good afternoon. there are 15 days left in the house to prevent student loan rates from doubling. am i to assume that even if it were 15 times as many that still wouldn t be enough time for republicans to come to the table and try and sort it out? well, i think you re right. i mean, the scandal here that ought to be investigated is why is congress not doing any o
they play by different rules, david. that s what i think. yeah, well look, i think there s no doubt what you say is right. the inspector general who did the report, independent inspector general said there was no evidence of outside influence. there was no evidence of political influence. and howard, i disagree with you in just one sense. i don t think anybody in the white house is fearing where this investigation will lead because they know the truth which is they didn t know look, if there were a political person involved over there, they would have said, you guys are nuts, what are you doing? wait a minute, i don t think i said they were fearing it. i said they were just going to use it as jujitsu. the bigger jujitsu, political argument, republican congressman said last week the president s bringing up the doubling of student loan rates and the fact that we have to stop them as a way of distracting people from the irs controversy. well, how detached from america can you be?
some of the shoddiest factory buildings in the world, and here in the u.s., once secure jobs that paid americans a living wage and offered a hopeful future exported abroad. today, one third of u.s. workers make less than $24,000 a year. what s left for americans? increasingly, only low wage work with no benefits and no way to make a living. but that s not all. colleges, the most american of institutions historically open to all, now increasingly out of reach for many. 7 million students are bracing for a surge in their student loan rates. tuition skyrocketing when high paying jobs are dwindling. the one vehicle that helps generations of americans raise themselves out of poverty and build wealth in our society is now a pipe dream for too many. capitalism, this is your conscience speaking, are you listening? terry is a nationally syndicated financial columnist. elizabeth klein is the author of
americaning with jobs and struggling with stagnant wages. getting the best price may come at too high a cost not only half a world away but here at home. capitalism, meet your conscience. here in the u.s. once secure jobs that paid a living wage and offered a hopeful future exported abroad. today one third of u.s. workers make less than $24,000 a year. what s left for america? crestingly only low wage work with no benefits and no way to make ago living. that s not all. colleges, the most american of institutions historically open to all increasingly out of reach for many. 7 million students are bracing for a surge in their student loan rates. tuition is sky rocketing right when high paying jobs are