Senate GOP Puts Corporate Tax Loopholes Over Student Loans

Senate GOP Puts Corporate Tax Loopholes Over Student Loans: After their own proposal on student loan interest rates failed Thursday morning, Republican senators blocked a Democratic proposal to forestall the doubling of rates for the poorest students for two years. Republicans object to the way Democrats would pay for the extension – by closing tax loopholes for oil companies, wealthy pensioners, and multinational corporations. [...]/p