This one came in via multiple avenues, ALL of them pissed…
Congress may let student loan interest rates double July 1, but some federal workers and congressional staff likely are protected from the impact by a taxpayer-funded benefit that provided more than $20 million last year for them to pay down their college debts.
Congress created the benefit more than 10 years ago to make government jobs more appealing to job candidates who could get higher-paying jobs in the private sector. Meanwhile, a 2007 law that cut student loan interest rates in half will expire July 1, and Congress has been unable to reach a deal to extend it.
A review of congressional spending records by USA TODAY and the non-profit Sunlight Foundation, a watchdog group, showed that the House of Representatives spent almost $15 million last year to pay down staffers’ student loans, while the Senate spent almost $6 million.
Full USA Today article HERE.
Once again, it’s ALL about covering/paying off their butt boys and girls, while the rest of us poor schmucks just have to slog along and have SWAT teams come after us for non-payment…
Remember this crap next year when the primaries are happening!!!
All pigs are equal but some are more equal than others.
Wait and see if they don’t come up with some codicil in the law to protect their staffers from the ravages of Obama Care.
There is sooooo MUCH to remember come primary time and
sooooo MUCH to remember come election time.
It’s easier to simply remember to send them all to the unemployment line. There’s a slim possibility that we may throw out a good one, – – – – – – very slim.
That side is getting so brazen with this garbage…. they are either 100% convinced they can win the 2014 elections…. or
they don’t plan on having elections.
+1 on Matt.
with regret…
+1 to Matt. On the other hand, many many folks predicted we wouldn’t have the 2012 elections, so I’ll just wait and see. And continue stocking up on precious metals for self-defense.
The current crop of politicians now act as if they were members of the landed aristocracy. Arrogant and uncaring, the rules are only for the peasants. Known in this country as the taxpayers.
All I have to say is “Remember 1789!”
+1 to all.
Guess I should have said my parents were gov employees, instead of working two jobs and paying my own way thru. Not too bright on my part.
+1 to Matt.
LL- THAT has already happened… dammit…
Roger- Concur!
Matt/Guffaw/Rev- Haven’t they though… And I’m stocking up when I can too!
Old AF- Agree!
WSF- Yep
Brighid- Yeah, but some of us were ‘government’ employees (i.e. military) and “WE” didn’t get any of those deals… sigh