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[Excerpt] On behalf of the AFL-C10. I am writing to urge you to vote against the Interest Rate Reduction Act (H.R. 4628), which would eliminate the Prevent and Public Health Fund in order to offset the cost of capping student loan costs, and instead support an alternative that would cap the interest rate on needs-based student loans at 3.4% without slashing important disease prevention programs. H.R. 4628 is little more than a ploy to score political points by pitting one worthy legislative objective against another.


Suggested Citation

Samuel, W. (2012, April 26). Legislative Alert: Interest Rate Reduction Act (H.R. 4628). Washington, DC: AFL-CIO.

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Copyright by the AFL-CIO. Document posted with special permission by the copyright holder.