Senate blocks bid to aid student-loan borrowers

Posted: June 12, 2014 at 5:19 a.m.

Sen. Al Franken, (from left) accompanied by fellow Democratic Sens. Patty Murray, Richard Durbin and Charles Schumer, talks to reporters Wednesday about the student-loan legislation that failed to gain enough votes to advance.

The Senate on Wednesday blocked a proposal by Sen. Elizabeth Warren, D-Mass., to let student-loan borrowers refinance their balances at lower interest rates.

This story is only available from our archives.


« Previous Story

Hagel defends GI-Taliban swap

Defense Secretary Chuck Hagel testifies Wednesday to a House committee, saying the exchange that freed a captive soldier was part of the “imperfect realities we all deal with in war.”

Defense Secretary Chuck Hagel on Wednesday defended the prisoner exchange that freed Army Sgt. Bowe Bergdahl a... Read »

Next Story »

U.S. budget deficit $130 billion in May

The U.S. posted a $130 billion budget deficit in May and the smallest shortfall for the first eight months of a fiscal year since 2008, as a stronger economy and rising emp... Read »