compromise deal to roll back student loan rates. under the plan, 81-18, undergraduates could borrow at less than 4% this fall. rates will eventually go up and be tied to government bonds. the rates are retro active. a little reprieve. it s important to know the rates can go up in the future. they can go up in the future. the rates you have had over the past couple years, very likely in the next five or six years you are paying higher rates for student loans. a former first daughter set to become the next u.s. ambassador to japan. caroline kennedy accepted the post. she s an author, and attorney. she was a major player in president obama s 2008 and 2012 elections. the world s largest cruise lines are defending themselves.
we just passed several months ago a skills act which says, yes, we need to enhance, we need to make our worker training programs efficient and we need results. all he has to do is pick up the phone and call his democratic colleagues in the united states senate and let him pick up that bill. it s something he talked about. he s off there talking about college tuition costs. the house has acted on student loan issue. in fact, we did something that was very close to what he actually proposed, and yet he s gone traveling, the senate is absent, and yet now student loan rates are skyrocketing. there s probably going to be a lot of backlash come recess time. the president is going off to vacation, the house and senate go off on recess and the american people just think, where are you? you ve seen what we do in my district in richmond. i work hard as do most members of congress i know you re out doing your district, democrats are doing their district, but the problem
recovery in the economic recorded history in the united states in which the median household income has declined. today the president talked about some potential solutions. like he said, we re going to work with congress to rein in fannie and freddie, phase them out. he s had now almost five years to propose a plan to do that. he has yet to propose a plan, but republicans in the house and senate are working on a plan to do exactly that. the president said, well, we re going to do something about student loan rates. he has been the guy sitting on the sideline while house and senate republicans and democrats in a bipartisan effort have come up with a proposal and pushed it through in many instances against the president s people threatening a veto. so, you know, this was a political speech. it was more about the midterm elections than it was about policy, it was more about his poll numbers rather than america s job numbers, and i got to tell you, it was thin. it was not a particularly we
recovery in the economic recorded history in the united states in which the median household income has declined. today the president talked about some potential solutions. like he said, we re going to work with congress to rein in fannie and freddie, phase them out. he s had now almost five years to propose a plan to do that. he has yet to propose a plan, but republicans in the house and senate are working on a plan to do exactly that. the president said, well, we re going to do something about student loan rates. he has been the guy sitting on the sideline while house and senate republicans and democrats in a bipartisan effort have come up with a proposal and pushed it through in many instances against the president s people threatening a veto. so, you know, this was a political speech. it was more about the midterm elections than it was about policy, it was more about his poll numbers rather than america s job numbers, and i got to tell you, it was thin. it was not a particularly we
we just passed several months ago a skills act which says, yes, we need to enhance, we need to make our worker training programs efficient and we need results. all he has to do is pick up the phone and call his democratic colleagues in the united states senate and let him pick up that bill. it s something he talked about. he s off there talking about college tuition costs. the house has acted on student loan issue. in fact, we did something that was very close to what he actually proposed, and yet he s gone traveling, the senate is absent, and yet now student loan rates are skyrocketing. there s probably going to be a lot of backlash come recess time. the president is going off to vacation, the house and senate go off on recess and the american people just think, where are you? you ve seen what we do in my district in richmond. i work hard as do most members of congress i know you re out doing your district, democrats are doing their district, but the problem