Reps. Jared Moskowitz and Anna Paulina Luna are pushing a new bill aimed at capping federal student loan interest rates.
A seemingly unlikely duo is pushing for Congress to do something about ballooning college debt that’s plaguing millions of Americans. Reps. Jared Moskowitz, D-Fla., and Anna Paulina Luna, R-Fla., introduced a bill to cap federal student loan interest at 3% this week, and Luna told Fox News Digital that she’s already gearing up to lobby Speaker Mike Johnson, R-La., for a House-wide vote. 'I actually fully anticipate having that conversation in person when we return next week,' Luna said.
She wants Johnson to fast-track the bill under a procedure known as 'suspension of the rules,' which allows legislation to bypass the normal committee process in exchange for raising the threshold for passage from a simple majority to two-thirds – which both Luna and Moskowitz anticipated the bill would see. 'I think this would pass if you put this to the floor. In fact, if you bypass committee, I think this would probably get two-thirds.
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