They’re back at it again. Today, GOP Budget Chairman Paul Ryan launched his campaign to re-brand the Republican plan to end Medicare. Don’t fall for it — and don’t let your friends and family fall for Ryan’s smoke-and-mirrors either. Get the facts:
Forward this e-mail to 3 friends right now so they have the facts. Then, join the fight at our Medicare Madness 2012 Action Center: Help us reach 100,000 strong demanding that Republicans stop putting Millionaires before Medicare >> You can also share your Medicare story, write a letter to the editor of your local newspaper, and share the facts on Facebook, Twitter, and Pinterest. Budgets are about priorities, and the Republicans’ priority is that millionaires come first and seniors’ Medicare comes last. The American people rejected Republicans’ extreme scheme last year. With your help, they will do it again. http://MedicareMadness2012.com Thanks for standing strong. Steve Rep. Steve Israel (1) LA Times: “[Republicans’ plan] would still give future seniors a fixed amount, but it would allow them to use the money to stay in the traditional Medicare program. They would have to pay out of pocket if the costs of the program were higher than the government subsidy — or buy an alternative plan.” (2) Center for Budget and Policy Priorities: “[Republicans’ plan] would shift substantial costs to beneficiaries rather than protect them from such cost increases, could lead to the demise of traditional Medicare over time rather than preserve it and likely would produce few savings.” (3) LA Times: “Now Ryan, the House Budget Committee chairman, is returning to center stage as the GOP doubles down on his conservative budget priorities — including tax cuts for the wealthy and a new version of his plan for major changes in Medicare.” |
Daily Archives: 03/21/2012
Women: You’re On Your Own … by DemRapidResponse
Don’t let Congress double the student loan interest rate … Murshed Zaheed, CREDO Action

Stop Republicans from doubling the interest rate on student loans.
Dear Friend,
This is unbelievable. The interest rates on federal student loans will double this summer if Congress doesn’t take action.1
Millions of American students from working class families are able to obtain a college education thanks to low-interest federal student loans. But now Congress is putting those loans in serious jeopardy at a time when students and their families can least afford to pay higher interest rates.
Back in 2007, when the Democrats were in charge of both the Senate and the House of Representatives, Congress passed the College Cost Reduction and Access Act. It reduced the interest rates on subsidized Stafford loans incrementally over four academic years, from 6.8 percent at the time to the current 3.4 percent.2 The current Republican leadership in the House is planning to let this legislation expire on July 1, effectively doubling the interest rates on these loans. This will result in an average of $5,000 in additional payments for students who are scheduled to pay their loans backs in 5 years, and $11,000 for those who are paying back in 10.3
With Republicans in the House poised to double the interest on federal student loans, we need leadership from the Senate.Specifically, we need Senate Majority Leader Harry Reid to stand up and fight on behalf of millions of American students:
If Leader Reid leads the Democratic-controlled Senate to move first and take steps to pass legislation that ensures the interest rates remain fixed at 3.4 percent, it will force the hand of Congressional Republicans to either pass the measure or go on the record as the party fighting against the interest of millions of America’s working class students and their families.But we need both the House and the Senate to pass it before July 1, so we need to convey our sense of urgency to Senate Majority Leader Harry Reid today.
Federal student loans with low interest rates, such as the subsidized Stafford loan, are designed to benefit students whose families make under $40,000 a year — folks who can least afford to see their interest rates jump.4 These loans help the neediest students, who are often not eligible to receive Pell Grants. Adding further financial stress on these students and their families by letting the interest rates double this July would be devastating, especially given the extremely fragile state of our economy.
As Sarah Jaffe observed in her excellent piece in AlterNet:
“It’s worth noting, as well, that many of the big banks that make a killing on private student loans and still have billions of government-subsidized student debt on their books, are able to borrow money from the government through the Federal Reserve’s discount window at nearly no interest at all. Why, then, are young people, who aren’t guilty of trashing the economy but remain the victims of a rate of unemployment nearly twice that of the rest of the population, expected to pay more?”5
Now is the time for all of us to speak up on behalf of our students. Click here to automatically sign the petition and consider inviting students from your personal network to join the fight.
Click below to automatically sign our petition urging Senator Reid to fight to keep college education affordable and not let the interest rate double on federal student loans.
http://act.credoaction.com/r/?r=5541975&id=36922-5440681-yT2lVHx&t=12
Thank you for speaking out to make sure that all students can afford a higher education — including those from working class families.
Murshed Zaheed, Deputy Political Director CREDO Action from Working Assets
PS: This issue is deeply personal for me. Coming from a working class family, I have been able to pursue my own aspirations by working hard and getting a great education from amazing academic institutions. This opportunity would not have been possible for someone like me if I hadn’t had access to affordable federal student loans with low interest rates. I hope you willjoin this cause on behalf of the students andconsider inviting any students you know in your personal network to join this fight by forwarding them this link:
http://act.credoaction.com/r/?r=5541974&id=36922-5440681-yT2lVHx&t=15
1. Sarah Jaffe, “Is Congress Going to Double the Interest on Your Student Loan?,” AlterNet.org February 22, 2012. 2. Ann Carrns, “Rising Concerns Over Student Loans, Public and Private,” the New York Times Blog, March 14, 2012. 3. Sarah Jaffe, “Is Congress Going to Double the Interest on Your Student Loan?,” AlterNet.org February 22, 2012. 4. Moe Bedard, “Vermont Senators Leahy And Sanders Join Bill To Prevent July Interest Rate Increase On Stafford Student Loans,” LoanSafe.org, February 2, 2012. 5. Sarah Jaffe, “Is Congress Going to Double the Interest on Your Student Loan?,” AlterNet.org February 22, 2012.
Washington State! Tell your legislator to oppose SB 6442!
Email your legislators now and tell them to oppose SB 6442!
SB 6442: Costs taxpayers more, increases bureaucracy, reduces your health CARE benefits! Don’t fall for it!
TAKE ACTION: Help stop this takeover now.
SB 6442 will cost taxpayers at least $45 MILLION in new costs, according to the state’s own figures!
Listen…
- The newest (3/16/12) WEA NO on SB 6442 radio ad
- The previous WEA NO on SB 6442 radio ad
- WEA radio ad against SB 6442
- Or try this version WEA Spot 2 Not Broken
Download…
- SB 6442 fact sheet
- SB 6442 lapel stickers and then wear them!
- SB 6642 Myth vs Reality
- The latest SB 6442 postcard mailed to WEA members
- Our new poster: WARNING: Health care takeover!
- Response from teacher Susan Bauer to Sen. Mike Hewitt
- WEA Rainier letter to Sen. Karen Keiser on SB 6442
- Spokane EA letter to Sen. Lisa Brown on SB 6442
- The state’s own report on the proposed K-12 health care takeover — it shows higher costs, fewer benefits and less competition!
WEA PRESIDENT MARY LINDQUIST AND WEA LOBBY TEAM IN OLYMPIA, JAN. 26
Senate Bill 6442 takes away your current health benefits and forces all K-12 employees into a new state bureaucracy that costs more, provides fewer benefits and limits our health care choices.
This legislation is costly, complicated and confusing all at the same time. Dozens of WEA members attended a recent legislative hearing to oppose the bill. But you can help defeat this bill without going to Olympia — email your legislators and tell them not to take over our health care!
Under SB 6442, all K-12 school employees, whether they live in Anacortes or Zillah, will be forced into the same health benefit plan – eliminating our ability to negotiate health plans at the local level.
This bill will cost taxpayers more, and it will cost US more as school employees at the same time it reduces our benefits and choices. For example, under SB 6442, school employees who work less than half time will no longer receive ANY health benefits through their jobs. This especially hurts classified education support professionals (ESP )such as bus drivers and paraprofessionals, many of whom are part-time workers.
“We belong to WEA, and we DO bargain for our part-time members,” said Debby Chandler, an ESP member from the Spokane School District.
In short, SB 6442 makes no sense. Help protect our health care from a state takeover – email your legislators and tell them what you think about SB 6442!
Senate Bill 6442 will cost taxpayers $45 million, expand bureaucracy, eliminate competition and reduce benefits
A state takeover of K-12 educators’ health benefit plans would provide no cost savings and will actually cost taxpayers at least $45 million, according to the state’s own fiscal note. SB 6442 and its companion bill, House Bill 2724, also will cost school employees more, reduce benefits and limit choices. It also eliminates local decision-making about educator health benefits. That’s why educators oppose Senate Bill 6442 and House Bill 2724. They would:
Impose higher costs:
- Add more than $45 million in NEW taxpayer costs: Partial costs include $12 million for start up costs in 2011-13, plus $9.5 million for additional start up costs in fiscal year 2014. The ongoing cost is then estimated to be $7.1 million per year.
- Requires an additional $25 million per year paid by employees through higher premiums and “point-of-service cost sharing” (higher fees).
- Shift all future cost risks to school districts for costs above the state allocation.
- Abandon a system that today costs less and provides more: Currently, the state pays $768 a month per full-time equivalent K-12 employee vs. $850 per full-time state employee, yet K-12 employees get coverage that is as good or better than what state employees receive.
Reduce benefits:
- Require lower overall benefits to avoid immediate cost increases.
- Wipe out health care coverage entirely for thousands of part-time employees who work less than half time.
Eliminate competition and expand state government:
- Replace competition among plans school districts select from with a state monopoly that selects one carrier for all K-12 employees.
- Add another costly function to the state bureaucracy at a time when vital funding for K-12 education and other services is being cut.
- Health care funding should pay for benefits, not growth in state bureaucracy.
- What is the evidence that state government can take over a private program, and perform as well or better at a lower cost?
Reward poor customer service:
- The state Health Care Authority had a recent 9-month backlog in paying state employee health insurance claims.
- Courts ruled against HCA for illegally barring some Medicaid patients from emergency room care.
- Recent Seattle Times exposé highlighted how the agency’s cost-cutting practices were harming patients.
- Adding over 100,000 enrollees to a K-12 program administered by the HCA would likely mean customer service problems for K-12 employees.
- K-12 employees have had the option to enroll in the state employee health care plan since 1995, and less than one percent of the K-12 employees have made that choice.
SB 6442/HB 2724 is a plan based on higher costs, bigger government, less competition, and poor customer service.
There IS an alternative: House Bill 2666 and SB 6553 will help reduce health insurance costs for school employees with families by modifying local school district insurance pools. HB 2666 costs the state nothing, and it maintains local decision making.
Support Senator Maria Cantwell for Re election
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