Obama Demands Action on Transportation Bill and Student Loans

President Obama is urging lawmakers to put politics aside and pass legislation to fund transportation projects and extend low-rate student loans, saying there is "no excuse for inaction."

"We are seven days away from thousands of American workers having to walk off the job because Congress hasn't passed a transportation bill. We are eight days away from nearly seven and a half million students seeing their loan rates double because Congress hasn't acted to stop it," the president said in his weekly address. "This makes no sense."

"This is a time when we should be doing everything in our power - Democrats and Republicans - to keep this recovery moving forward," he added.

The administration, Democrats and Republican lawmakers want to prevent interest rates on a popular student loan from doubling on July 1, but remain deadlocked over how to pay for it. As for the transportation authorization bill, the president said his administration and the Senate have done their part to get construction projects moving again.

"Now, it's up to the House to follow suit, to put aside partisan posturing, end the gridlock and do what's right for the American people," he said.

"It's not lost on any of us that this is an election year," Obama said. "But we've got responsibilities that are bigger than an election. We answer to the American people and they are demanding action. Let's make it easier for students to stay in college. Let's keep construction workers rebuilding our roads and bridges. And let's tell Congress to do their job."

What you bet at least 80% of what he said was embelished?
That's liberalonics for lies.

That's the key words! In other words, "how can we make the people pay for my phucked up economics mistakes without an even further chance of me losing this election?"

More taxes, inflation and entitlements....Obozonomics!

"Let's keep construction workers rebuilding our roads and bridges."

These are jobs that illegals come here for. He is out of touch.

This is pretty funny..

The Democrats have been entrenched in the negotiations over their demands on raising gasoline taxes to fund flower beds and bicycle lanes..

You have got to be fning kidding me..

House of Representatives Republicans have insisted on consolidating some federal transportation programs and streamlining environmental reviews of road projects in order to speed up construction. They also want to drop a proposal to use gasoline taxes to help pay for ancillary transportation "enhancements" such as bicycle lanes, flower beds and other streetscape improvements.

http://www.reuters.com/article/2012/06/21/us-usa-congress-transportation-idUSBRE85K1S620120621