Transportation, Student Loans | featured news

Finding rare political accommodation on the cusp of a holiday recess, Congress passed legislation Friday designed to salvage 2.8 million jobs and shield students from a sharp increase in loan interest rates....

Facing weekend deadlines for action, congressional leaders have agreed to deals overhauling the nation's transportation programs without a Republican provision forcing approval of the proposed Keystone XL oil pipeline, and avoiding a doubling of interest rates for new student loans, congressional officials said Wednesday....

President Obama in his weekly address Saturday chided House Republicans for allowing electoral politics to stall passage of a transportation bill and student loan rate extension, both of which have deadlines looming next week.