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Thursday, January 18, 2007

House Passes Bill To Cut Interest Rates On Student Loans...

Washington Post Paul Kane January 17, 2007 11:14 PM

The House overwhelmingly approved a bill yesterday that is designed to cut interest rates on college loans, creating a plan that potentially could save students $2,300 over the course of a loan. But the reduction in rates would be phased in and would not take full effect until 2011, when the legislation would automatically expire unless renewed by Congress.

By a vote of 356 to 71, House Democrats checked off another priority item from their fall campaign as part of the so-called 100-hour march to pass legislative priorities by the close of business this week.

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The New York Times FELICITY BARRINGER and ANDREW C. REVKIN January 17, 2007 11:30 PM

The climate here has definitely changed.

Legislation to control global warming that once had a passionate but quixotic ring to it is now serious business. Congressional Democrats are increasingly determined to wrest control of the issue from the White House and impose the mandatory controls on carbon dioxide emissions that most smokestack industries have long opposed.

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