Congressman John Kline, the top Republican on the House Education and Labor Committee, repeated the Republicans' view that the Democrat-proposed legislation amounts to a government takeover.
VOA: standard.2009.09.05
MINNEAPOLIS, Minnesota (CNN) -- In the third matchup between Rep. Bill Luther and Republican JohnKline, Kline defeated Luther in the race for Minnesota's 2nd District Tuesday, CNN projected.
House Education Chairman John Kline's bill sets floating rates on new Stafford loans at the 10-year Treasury rate plus 2.5%, while also protecting borrowers by capping the rates at 8.5%.