Congressional leaders on Tuesday said they were close to a deal to solve two big issues facing lawmakers — student loan interest rates and federal highway funding.
Both issues with looming deadlines have high stakes for middle-income Americans: If Congress fails to reach agreements by this weekend, the federal highway program would come to a halt, and student loan interest rates would double, to 6.8 percent.
President Obama has been hammering on the issue of student loans for days.
An America's Cup sailing event is being held to Newport, R.I., for the first time in 29 years. Sailors began arriving in Newport last week for the final leg of the America's Cup World Series regatta, which has been held at stops all across the world to gin up excitement for the official America's Cup next year in San Francisco.