-By Warner Todd Huston
In its update on the coming student loan interest rate hike deal in Congress, Politico dances its blame-the-GOP tap dance once again saying that the coming rate hike is all just “politics.” But somehow Politico forgets to note that this interest rate problem is of the Democrats’ own making in the first place.
Reporting that Congress has signed off on a bipartisan deal to halt the scheduled interest rate increase on millions of student loans, Politico takes a paragraph to “explain” what the hold up was.
Lawmakers moved quickly on Friday to end a legislative dispute that got caught up in politics on Capitol Hill and on the campaign trail, as Obama repeatedly blamed Congress for delaying and Republicans accused the president of being AWOL in negotiations.
Yes, those darned old Republicans were just engaging in “politics.”
But, wouldn’t it have been nice for Politico to note why we got here with this student loan interest rate fiasco?
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Politico Forgets to Mention Democrats Caused Student Loan Interest Rate Hike Problem”