House to Vote on GOP College Loan Bill

By: Associated Press
By: Associated Press

The House plans to vote today on a GOP bill to keep interest rates on some student loans at 3.4 percent instead of doubling on July 1.

But House Democrats are reluctant to pay for the bill with cuts to President Barack Obama's health care law.

Their own version calls for paying for lower student loans with higher payroll taxes for some companies.

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