Remember this in November 2014. I just saw a TV ad for Kay Hagan. She will have a rough path to re-election next year. The following is a report on a vote July 1:
Student Loan Interest Rates – Cloture - Vote Rejected (51-49)
Senators failed to broker a temporary deal to maintain federal student loan interest rates, which rose automatically on July 1 to 6.8 percent. Majority Leader Harry Reid, D-Nev., could not muster the 60 votes needed to invoke cloture on a bill that would have extended the previous interest rate of 3.4 percent for subsidized undergraduate loans for one year. Proposed by Sen. Jack Reed, D-R.I., the plan would have cost $4.25 billion, offset by changing the tax treatment of certain inherited IRAs and 401(k)s. The bill received no Republican support, ensuring under current Senate rules that it would not receive a final vote for passage.
Sen. Richard Burr voted NO
Sen. Kay Hagan voted YES
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