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East Coast Pirate

(775 posts)
Wed Jul 10, 2013, 07:06 PM Jul 2013

Democrat on Democrat: Warren spars with Manchin on student loan proposal

Liberal firebrand Sen. Elizabeth Warren (Mass.) blasted a fellow Democratic senator Tuesday as a dispute over student loan rates escalated divisions within the party.

The clash, which is highly unusual among party colleagues in the upper chamber, came at a private caucus meeting about a subject that is helping Republicans land blows against their Democratic opponents.

“Elizabeth came out very strong against Manchin,” said a Democratic senator who requested anonymity to discuss the exchange. “She said, ‘They’re already making money off the backs of students, and this adds another $1 billion.’”

Warren was referring to a deal Sen. Joe Manchin (D-W.Va.) and two other members of the caucus, Sens. Tom Carper (D-Del.) and Angus King (I-Maine), struck with Republicans to peg student-lending rates to the 10-year Treasury notes.

More: http://thehill.com/homenews/senate/309953-warren-rips-manchin-on-student-loan-proposal

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Democrat on Democrat: Warren spars with Manchin on student loan proposal (Original Post) East Coast Pirate Jul 2013 OP
She really is great. I wonder, is Manchin a blue dog? Ed Suspicious Jul 2013 #1
I though he was Proud Public Servant Jul 2013 #3
All democrats should agree with Warren. abelenkpe Jul 2013 #2
Man she is the what we need for the future trublu992 Jul 2013 #4
Why the fuck are they negotiating student loan rates? Bonhomme Richard Jul 2013 #5
That's exactly what's happening. East Coast Pirate Jul 2013 #6
I don't expect any resolution to this customerserviceguy Jul 2013 #7

Proud Public Servant

(2,097 posts)
3. I though he was
Wed Jul 10, 2013, 07:22 PM
Jul 2013

But he's leading the fight on gun control in the Senate, and he was one of four votes against Obama's USTR nominee (Warren was another), I assume over TPP secrecy. So now I don't know what to make of him.

Bonhomme Richard

(9,110 posts)
5. Why the fuck are they negotiating student loan rates?
Wed Jul 10, 2013, 08:46 PM
Jul 2013

Fuck them and fuck the republicans. If the Democrats just stood their ground then the whole cruel reality is on the backs of the repugs.
You see, once again they will end up passing something that isn't as bad as the repugs want (good cop/bad cop) but actually the average Joe gets screwed again and the bankers are happy until the next time they come back to the till.
I love Elizabeth and wish we could clone her.

customerserviceguy

(25,185 posts)
7. I don't expect any resolution to this
Wed Jul 10, 2013, 09:01 PM
Jul 2013

I fully expect that the new student loan rate will stick. And if interest rates rise to the average level of historical rates, rather than today's unnaturally low rates, they'll be a bargain.

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