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Senate reaches deal on student loan rates

WASHINGTON — Lawmakers said they reached an election-year deal keeping interest rates from doubling on millions of student loans, and were nearly there on a bill securing long-term funding for US roads, bridges and railways. Student loan rates are set to double after Saturday, from 3.4 to 6.8 percent, if…

Boehner: Obama ‘diminishing the presidency’ with student loan fight

House Speaker John Boehner (R-OH) says that President Barack Obama is “diminishing the presidency” by fighting for low student loan rates, a fairer tax structure and regulations on oil speculators. “The president and I have a very good relationship,” Boehner told CNN’s Candy Crowley on Sunday. “And as a result,…