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News Release | U.S. PIRG | Higher Ed

Student Loan Deal Passes Senate 81-18, Will Put Students Deeper in Debt

Despite the threat that higher student debt poses to student borrowers, the Senate has twice beaten back attempts to extend the low 3.4 percent interest rate for student loans. Instead, the Senate negotiated a compromise, which passed today, 81-18.

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Blog Post | Consumer Protection

Weird Big Bank Trick Raises Price of Beer and Soda | Ed Mierzwinski

UPDATED: August 8. Many of Enron's schemes involved sham transactions with itself that the SEC alleged had "no economic substance."  Taking a page from Enron's book, mega-bank Goldman Sachs is now moving tons of aluminum around and around its Detroit warehouses in similar transactions without apparent economic substance except to increase Goldman profits while raising costs of beer, soda and other goods relying on aluminum, delaying deliveries and disrupting aluminum markets. At a Senate hearing on the practice, Senator Elizabeth Warren (MA) said: "This movie will not end well."

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News Release | U.S. PIRG | Health Care

U.S. PIRG Testifies on “Pay for Delay” Before Senate Subcommittee

Today, Mike Russo, U.S. PIRG's Federal Program Director, testified at a hearing on “Pay-for-Delay Deals: Limiting Competition and Costing Consumers” held by the Senate Judiciary Committee, Subcommittee on Antitrust, Competition and Consumer Rights.

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News Release | U.S. PIRG | Higher Ed

Students Call for Senate to Reject Student Loan Deal

Congress should be doing everything they can to make college more accessible. Yet S. 1334, the Bipartisan Student Loan Certainty Act, would do the exact opposite, by making it harder and more expensive for America's future students to get the education they need.

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News Release | U.S. PIRG | Higher Ed

Student Loan Interest Rate Deal in Senate Will Make Things Worse

Senate lawmakers agreed last night to a deal on student loan reform that is to be voted on as early as Tuesday of next week. Student loans should invest in our future by making education affordable and accessible. Instead, the Senate is forcing students to pay more in order to reduce the deficit.

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News Release | U.S. PIRG Education Fund | Transportation

Campaign Contributions Greasing the Wheels for New Highway Construction?

U.S. PIRG Education Fund’s new report, Greasing the Wheels: the Crossroads of Campaign Money and Transportation Policy looks at the 2008 transportation appropriations bill using data never before available, laying out the details of Congress’ earmark requests. The report, released on Thursday, also examines the campaign contributions from highway construction interests to both state and federal candidates.

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News Release | U.S. PIRG | Consumer Protection

Amendment Would Thwart FCC's Proposed Rules for an Open Internet

Despite the commitments made by the FCC and the President, Republican members of the Senate have introduced a measure that would prevent FCC action on Network Neutrality and leave consumers on the Internet vulnerable to unfair and discriminatory practices.

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News Release | U.S. PIRG | Consumer Protection

Lawmakers Should Support a Broadband Plan Which Serves the Public Good

On the eve of One Web Day, public interest groups are urging Congress to support the National Broadband Plan.

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News Release | U.S. PIRG Education Fund | Democracy

Campaign Finance Rules That Regulate 527 Spending Overturned

A federal appellate court panel of 3 judges has overturned campaign finance rules that limit how some political action committees (PAC’s) spend money in campaigns. The U.S. Court of Appeals in Washington said that the regulations limit free speech rights to 527s.

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News Release | U.S. PIRG Education Fund | Democracy

Citizens United Case Arguments Heard Tomorrow

The Supreme Court will rehear arguments tomorrow for a case that could have dramatic impact on the financing of elections. The case, Citizens United v. Federal Election Commission, was first heard March, but in a surprising move this summer, Chief Justice Roberts asked for the case to be re-argued to consider a broader set of decisions regarding campaign finance law.

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