In late March, Republican Rep. Scott Tipton voted in favor of the House Republican Budget that would allow the interest rate for student loans to double in July.
Two days ago Tipton told the Denver newspaper that he was “looking forward” to trying to lower student loan interest rates.
So what would Tipton do today when the issue came up in Congress?
He voted against a measure that would have prevented the interest rate increase. From the DCCC (full release after the jump):
Tipton Voted Against a Plan to Prevent an Increase in Student Loan Interest Rates. On April 26, 2012, House Republicans voted against considering the Stop the Rate Hike Act of 2012. The measure would keep interest rates on need-based student loans at 3.4 percent in 2013, saving borrowers an average of $1,000 in loan repayment costs. Costs for the measure would have been offset by ending tax breaks for Big Oil.
It’s one thing to vote twice on allowing student loan rates to double, but it’s another problem entirely to talk out of the other side of your mouth while you do it. Sometimes we almost wonder if Tipton wants to lose in November.
Today, Representative Scott Tipton (CO-03) blocked consideration of a bill that would prevent student loan rates from doubling on July 1st for Colorado students and families. Tipton already voted for the Republican budget that allows student loan rates to double and today’s vote would cost 166,693 Colorado students and families with student loans another $130,075,601. Two-thirds of all college students graduate with student loan debt and the average college graduate has $25,000 in student loan debt.
“Representative Scott Tipton refused to ensure that student loan rates don’t double for Colorado students and families on July 1st,” said Jesse Ferguson of the Democratic Congressional Campaign Committee. “Tipton would rather protect Big Oil subsidies even if it means doubling student loan rates for 166,693 Colorado students and families. Instead of investing in America’s future and allowing students to get a fair shot at an affordable college education that helps them get a good-paying job, Tipton chose higher interest rates for students and more tax breaks for Big Oil companies making record profits.”
The costs of preventing the student loan rates from doubling would be paid for by ending tax breaks for Big Oil companies.
BACKGROUND
Tipton Voted Against a Plan to Prevent an Increase in Student Loan Interest Rates. On April 26, 2012, House Republicans voted against considering the Stop the Rate Hike Act of 2012. The measure would keep interest rates on need-based student loans at 3.4 percent in 2013, saving borrowers an average of $1,000 in loan repayment costs. Costs for the measure would have been offset by ending tax breaks for Big Oil. [H.Res. 631, Vote #182, 4/26/12; Rep. Tierney Press Release, 4/25/12; HR 4816, 112th Congress]
Tipton’s Plan Would Allow the Interest Rate for Student Loans to Double. “There was wide agreement among members of Congress Wednesday that loans and grants are important, but there were questions about the $6 billion Obama proposal that would hold interest rates constant next year. Ryan’s budget would allow the rate to double as planned.” [Inside Higher Ed, 3/29/12]
“House GOP leaders are already on record this year opposing the student loan benefit. The GOP’s 2013 budget proposal, sponsored by Rep. Paul Ryan (R-Wis.), would have returned the Stafford rate to 6.8 percent” [The Hill, 4/25/12]
“In the House, which recently adopted a budget authored by Rep. Paul Ryan (R-Wis.) which did not envision extending the lower loan rate, House Speaker John Boehner (R-Ohio) told reporters Wednesday that Democrats and Republicans were working on the issue.” [Washington Post, 4/25/12]
166,693 Colorado Students Had Loans in the 2012-2013 Academic Year. [Education and Workforce Committee, accessed 4/26/12]
Tipton Voted for the House Republican Budget. On March 29, 2012, Tipton voted in favor of the House Republican budget. [H Con Res 112, Vote #151, 3/29/12]
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This was a Democrat diversion, the real vote will come tomorrow and I’ll bet Tipton will vote yes.
because then we can all talk about how the GOP opposes preventing cancer and heart disease.
And he was for it before he was against it before he was for it before he plans to — wait, Arap, maybe you’ve got a flow chart you can post to keep track of all the positions.
And you’re done.
Nothing else really matters.
Or a Texas oilman.
Tipton has one master, and it isn’t the Speaker. He answers to Texas oilmen. Period.
It would be interesting to see on which issues he split on.
http://www.opencongress.org/pe…
less inclined to deny his oily benefactors than is Tipton. They are both petroleum whores.
out of about 106 or so tracked here.
Boehner, being the Speaker, also didn’t vote on a lot of the bills here…although I think more should be expected from a Frosh.
So, on the few they both voted on…
is the only one with a difference…
They both support OIL SHALE! (The next new–old–BIG THING! Invest your hard earned dollars now in the US Government’s SECRET oil shale discovery…)
And this
Apologies. I misread the table…recalculating. (The table lists votes since Boehner became minority leader…thus a few pre-Tipton years).
Co-sponsored 134…none of the 10 have been passed, but 4 of the 134 have been, including this, of great significance to the people of the Third Congressional District:
Republicans want to keep student loan rates lower by gutting the already money-saving Obama health care reforms?
Preventative Health programs providing cancer screening and immunizations, not general ACA provisions (this time).
Obamacare will be thrown out in a matter of weeks, and we can start discussing real solutions.
Tax cuts, cough, tax cuts. Tax cuts, tax cuts, tax cuts. Yor party is out of Schlitz and ideas.
Medicare for all. Private insurers can offer supplemental coverage, either independently or via a Medicare Advantage type program (without the subsidies the Bush Admin gifted them). More private work in processing claims. We also get to consolidate government health programs, saving overhead.
Citizens benefit, government benefits via lower costs for bulk coverage, private sector benefits both by having lower health care costs and through contracted work from Medicare.
Obamacare was your party’s real solution nearly 20 years ago. Until Obama adopted some of it and then it was evil and socialist. Just keep talking Mr. Caricature. It’s not like your party has real solutions left.