New Ad Says Washington Has to Get Its Priorities Straight
BOSTON -- Consumer advocate Elizabeth Warren says “Washington has to get its priorities straight,” explaining in a new 30-second ad released today:
“Washington lets big corporations like GE pay nothing -- zero -- in taxes, while kids are left drowning in debt to get an education. This isn’t about economics. It’s about our values.”
In the ad, which begins statewide broadcast today, Warren reinforces her commitment to work as a U.S. Senator to level the playing field in Washington so instead of tax breaks and sweetheart deals to Wall Street, big oil and big corporations, middle class families have the opportunity to get ahead.
The ad begins as the deadline is looming for the doubling of interest rates on student loans subsidized by the government. If Congress doesn’t act, interest rates on these Stafford loans will increase from 3.4% to 6.8% on July 1, an increase estimated to cost the average student borrower more than $1,000 over the life of the loan. Warren has been urging Congress to take action to prevent the interest rate increase.
“Congress must act now to stop the increase in these student loan interest rates,” said Warren. “Too many students are already struggling to pay the bills.”
The Warren campaign already has gained thousands of signatures on an online petition launched Friday, urging Congress to take action and stop the doubling of student loan interest rates this summer. To sign the petition, click here.
The full transcript of the ad is below:
“Kids Like Me”
I grew up in a family hanging on by our fingertips to a place in the middle class.
But back then, America invested in kids like me. We had lots of opportunities.
Today, Washington lets big corporations like GE pay nothing -- zero -- in taxes, while kids are left drowning in debt to get an education. This isn’t about economics. It’s about our values.
I’m Elizabeth Warren. I approve this message because Washington has to get its priorities straight.