This tweet from House Speaker John Boehner (R-Ohio) probably wasn’t intended to be important, but it’s an astonishing message.
Let’s back up for a moment. At issue is a 2007 law, set to expire on July 1, which keeps the interest rate for federal Direct Stafford Loans at 3.4%. If Congress fails to act, the rate will double, affecting more than 7.4 million students, who’ll face, on average, an additional $1,000 in debt. President Obama and congressional Democrats are fighting to keep the rates where they are, and Mitt Romney agrees with them.
Congressional Republicans have balked at the proposals, and today, Boehner is arguing that this is all Democrats’ fault anyway — they’re the ones who “included an expiration provision that placed the looming increase in the middle of an election year.”
Democrats wanted to lower student interest rates. Now, they want to keep the lower student interest rates. As far as Boehner is concerned, this means Dems “voted to double” interest rates.
Now, not only is John Boehner being stupid, he’s insulting everyone’s intelligence with this kind of bullshit.
What makes me sad is I fucking KNOW there are republican voters out there buying this Bizarro logic.
Or, to explain it this (possibly easier) way:
When the Republicans voted for the original Bush tax cuts, those same Republicans also voted for an expiration date on SAID tax cuts, as a compromise to Democrats to pass the bill. So, if we used House Majority Leader Boehner’s own logic, the Republicans actually originally voted to raise taxes on the 1%, because by not making the tax cuts permanent, and compromising, they actually voted for something they’re against.
And this would be the reason people yell and throw things at the television…