Post-Intelligencer – The U.S. Senate, faced with a Republican filibuster, failed on Tuesday to pass legislation designed to keep interest on federally subsidized student loans from doubling in less than two months.
The drama in Washington, D.C., over student loans impacts an estimated 83,000 college undergraduates in the “other” Washington.
“We need to act quickly to ensure that American students can continue to access an affordable quality education,” said Sen. Maria Cantwell, D-Wash. “Washington state already needs thousands of educated workers to fill high-skilled jobs. We cannot afford to make a college education harder to access.”
The Senate acted on a procedural motion to end debate: Cloture requires 60 votes to pass. The vote was 52 in favor, all Democrats, and 45 opposed, all Republicans. Sen. Olympia Snowe, R-Maine, a moderate Republican who is retiring from the Senate, voted “present.”
Republicans objected to the Democrats’ proposed means of financing continued low-cost loans, namely to block wealthy taxpayers from avoiding Social Security and Medicare taxes by classifying pay as dividends rather than cash income.
As one of the most beautiful states in the union–and one of the richest in natural resources–Washington has a special interest in energy and environmental policy. And Maria has fought hard to uphold the state’s conservation tradition, while also working to bring our energy policy into the 21st century.
Maria knows Washington’s business community – because, as an executive at an innovative software company, she was part of it. And as a Senator, she’s led the way in helping businesses large and small throughout Washington grow, thrive, and create jobs.
Maria has taken a leadership role on safety and security issues, including defending our borders, strengthening our military, cracking down on gangs, and taking on drug crime in Washington communities
Middle-class families around Washington and across the country are facing tough times–and tough decisions about balancing the family checkbook each month. Maria has fought to strengthen the economic security of Washington families and cut taxes for middle-class families.
