Peter Welch

Peter Welch

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  House backs variable rate student loans

  Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of ... 

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  House GOP gears up for debt showdown this summer

  Get ready for another debt showdown this summer. House Republicans are preparing for one. The House Ways and Means Committee passed a bill Wednesday ... 

• White House says 'no backup plan' to debt ceiling

  The White House is dismissing suggestions to sidestep Congress to meet the nation's debt obligations, declaring that it is Congress' responsibility ...