Harkin Threatens Nuclear Option To End Student Loan Subsidies

Walter Alarkon over at The Hill is reporting Senator Tom Harkin (D-IA) is threatening to use procedural tactics to force a simple majority vote over a plan to “cut off federal subsidies to student loan companies.”

Harkin’s Bill “Would End The Federal Family Education Loan program.”  (Walter Alarkon, “Harkin Rattles Centrists Using Special Budget Rules On Education Bill,” The Hill, 10/19/09)

So why would Harkin use the nuclear option to push his bill? Because even moderate Democrats oppose it.

“Democratic Sens. Blanche Lincoln (Ark.), Mark Begich (Alaska) Ben Nelson (Nebraska) Have Come Out Against The Bill Because They Said It Would Restrict Options For Loans.”  (Walter Alarkon, “Harkin Rattles Centrists Using Special Budget Rules On Education Bill,” The Hill, 10/19/09)

“New Mexico Democratic Sens. Jeff Bingaman And Sen. Tom Udall Have Also Objected To The Proposal.”  (Walter Alarkon, “Harkin Rattles Centrists Using Special Budget Rules On Education Bill,” The Hill, 10/19/09)

Featured Video

ThinkFY Tweets

    ThinkFY's full feed