Having wasted all day Thursday giving speeches and voting to hold Attorney General Eric Holder in contempt of Congress, the House of Representatives finally voted on Friday to pass the joined transportation and student loan interest rate bills that were negotiated and approved by the Senate on Wednesday. The did so with less than 38 hours to go until our Department of Transportation funding ceased, putting 1.9 million people out of work, and student loan interest wates doubled to over 7%. The deadline was midnight Saturday, June 30, and the pressing need was to allow the House to recess for the Fourth of July week.
They also authorized re-capitalizing our flood insurance program. The President is expected to sign the bills on Saturday.