All Weekend, Every Weekend. On C-SPAN3.

President Obama Signs Transportation, Student Loan Bill

Washington, DC
Friday, July 6, 2012

President Obama signed HR 4348, the bill passed by Congress on the last day before the 4th of July recess, which includes the transportation and student loan interest rate bills.

The White House held a signing ceremony that included construction workers and college students who will be affected by the bill. The bill allocates $105 billion in transportation spending over the next 27 months. This money includes critical infrastructure improvements and was cited by both parties as crucial to job creation.

The student loan portion of the bill prevented a July 1 rate doubling for new federal student loans. Reuters estimates that this rate increase would have affected around 7.4 million students.

A third portion of the bill, including provisions on flood insurance, garnered wide bipartisan support, but an individual bill was scuttled when Kentucky Sen. Rand Paul (R) insisted on attaching a "start of life" rider that defined life as beginning at conception, and would set the Congress up for an abortion-rights battle.

Congressmen largely agreed on the need to pass all three bills as their deadlines loomed, but disagreements on how to pay for the cost of the bills led to a last-minute deal.

Updated: Friday, July 6, 2012 at 5:44pm (ET)

Related Events

President John F. Kennedy Funeral Documentary (1963)
Sunday, November 24, 2013     

This filmed record of the state funeral of President Kennedy was recorded and edited by the Naval Photographic Center. Scenes with natural sound of the events from Nov. 23 -25, 1963 are accompanied by audio of the funeral service, including music and speeches.

"The Last Two Days" 1963 Navy Film of JFK in Texas
Saturday, November 23, 2013     

This 1963 Naval Photographic Center production  "The Last Two Days"   documents President Kennedy's final hours in color film as he travels to Texas and visits San Antonio, Houston, and Dallas. The program ends with a live radio report of the assassination and the swearing in of Vice President Johnson in an audio recording on Air Force One.

Joint Senate Cmte. Hears About Cybersecurity Executive Order
Thursday, March 7, 2013     

DHS Secretary Janet Napolitano addressed cybersecurity issues at a joint hearing of the Senate Commerce Commmittee and the Senate Homeland Security Committee.

President Obama Signs Violence Against Women Act
Thursday, March 7, 2013     

At a ceremony at the Interior Department, President Obama signs the Violence Against Women Act (VAWA). The Vice President, who was the author of the original bill while he was in the senate, also delivers remarks.

President Obama Meets with Cabinet Members
Monday, March 4, 2013     

President Obama met with his cabinet at the White House, including newly approved Treasury Secretary Jack Lew and Defense Secretary Chuck Hagel. The president spoke briefly to the press about the impact of sequestration budget cuts and his priorities on immigration and gun violence.  

Pres. Obama Announces New Administration Appointments
Monday, March 4, 2013     

Pres. Obama announced at the White House this morning the people he will nominate to be Energy Secretary, the EPA Administrator and the new head of the Office of Management and Budget (OMB).

President Obama Holds News Briefing on Sequestration
Friday, March 1, 2013     

Following a meeting with Congressional leaders, President Obama holds a news briefing at the White House.

Education Secretary Speaks at White House Daily Briefing
Wednesday, February 27, 2013     

Education Secretary Arne Duncan delivered remarks at the daily White House briefing.  He warned of the impact of the upcoming automatic spending cuts, known as sequestration, to education programs.

President Obama, Lawmakers Dedicate Rosa Parks Statue
Wednesday, February 27, 2013     

President Obama and lawmakers gather for the dedication of a statue of the late Rosa Parks at a ceremony in Statuary Hall of the United States Capitol.

President Obama Addresses National Governors Association
Monday, February 25, 2013     

President Obama, Vice President Biden, Michelle Obama and Jill Biden addressed the National Governors Association during their visit to the White House, Monday.

Share This Event Via Social Media

Photo Gallery

C-SPAN Gifts (late 2012)