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WASHINGTON - Interest rates on new student loans are likely headed higher after senators on Thursday failed to advance proposals to keep them from doubling come July 1. <a href=https://www.cup-stanley.es>stanley spain</a> Dueling measures in the Senate would have kept interest rates on some student loans from moving from 3.4 percent to 6.8 percent, although separate Republican and Democratic proposals each failed to win 60 votes needed on procedural votes. The failure means that unless lawmakers can find a rare bipartisan agreement, students are likely to face higher rates on new subsidized Stafford student loans this fall but enjoy greater certainty on the interest they will be expected to pay during the life of their loans. I cannot understand why we re having a problem with this,  Senate Majority Leader Harry Reid told reporters after the vote. Battle brewing over student loan rate reformCourt opens window of hope for student debtorsThe top Republican on the Senate education panel seemed to share that frustration.                                         If we can t agree on this, we can t agree on anything,  said Sen. Lamar Alexander.  This is a manufactured crisis. The failure comes just three weeks b <a href=https://www.stanley-tumbler.us>stanley tumbler</a> efore interest rates increase on federally subsidize <a href=https://www.cup-stanley.ca>stanley cup</a> d Stafford loans return to 2008 levels. For students who max out their student loans every year, the rate shift would mean this year s loans will cost more than $1,000 than last.         Congress must act immediately to stop the imminent doubling of interest rates on student lo Kfne Hurricane Sandy: Election 2012 s October surprise
President Obama hit hard on taxes during his State of the Union address last night -- telling Congress not everyone s paying their fair share.By calling this a make-or-break moment for the middle class and calling for legislation that doesn t have a prayer of passing this Congress, the president was, in effect, making the opening argument of his re-election campaign.He said the state of the union is getting stronger, but declared the American dream in danger.                              <a href=https://www.stanleycups.com.mx>stanley en mexico</a>             The defining issue of our time is how to keep that promise alive,  Mr. Obama declared.Complete coverage: State of the Union address        For the first time, the president put a number on what he calls  the Buffett rule  -- billionaire investor Warren Buffett s belief that hi <a href=https://www.stanley-cups.us>stanley cup usa</a> s secretary, who was seated in the first lady s b <a href=https://www.stanley-cups.pl>stanley kubek</a> ox, shouldn t be  paying a higher tax rate than he does. Tax reform should follow  the Buffett rule,  Mr. Obama said.  If you make more than $1 million a year, you should not pay less than 30 percent in taxes. ... Now, you can call this class warfare all you want, but asking a billionaire to pay at least as much as his secretary in taxes  Most Americans would call that common sense. That call could come up often on the campaign trail, particularly if the president s opponent is multimillionaire Mitt Romney, whose just-revealed tax returns show him paying an effective tax rate of about 14 percent. It s time,  Mr. Obama said,  o apply the same rules from top to bo
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