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Area college students demonstrated outside Roy Blunt's office in Clayton today to voice their opposition to the recent interest rate hike on educational loans. Inaction by Congress led to a doubling of the rate from 3.4 to 6.8 percent on July 1. Leaders of Young Activists United anticipated a meeting with Senator Blunt, but Tatericka Holmes, who attends SIUE, says they left disappointed. 

"It was basically his secretary who gave us this press release and told us that he was in D.C. and he could talk to us another time. But that's the second time we've heard that so when is he going to speak to us", says Holmes

Holmes says Senator Blunt expects to sponsor a bi-partisan bill capping the student loan interest rate at 8.25 percent, but protestors say that is still too high a price to pay.

Thursday, 11 July 2013 17:26
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Police say the suspect who allegedly stole an elderly woman's purse is in custody.

The 94-year-old victim noticed her purse had been stolen and started seeing charges show up on one of her credit cards. A tipster called police with the suspect's identity shortly after the story was first broadcast by the media. Prosecutors are reviewing the case and charges could be filed tomorrow.

Thursday, 11 July 2013 17:25
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According to the FBI, the same person may be responsible for robbing four banks along Interstate 55.

The first robbery was in May of this year. In all four robberies the so-called "I-55 Bandit" handed the teller a note demanding money and indicating he had a weapon, but never showing it.

The suspect is young, between 18 and 25 years old and about six feet tall. Anyone with information is asked to call the CrimeStoppers. 

 

Thursday, 11 July 2013 17:23
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JEFFERSON CITY, Mo. (AP) - Political activist Rex Sinquefield has contributed $1.3 million to a business coalition that supports an income tax cut.

The contribution reported Thursday on the state Ethics Commission website provides the financial foundation for a newly formed committee called Grow Missouri.

The group is launching a campaign to persuade legislators to override Gov. Jay Nixon's veto of a bill that would phase in various income tax reductions. The bill would cut tax rates for individuals and corporations and create a new deduction for business income reported on individual tax returns.

Two of the members of the new coalition are the Missouri Chamber of Commerce and Industry and the Associated Industries of Missouri. Both plan to begin airing TV ads next Monday supporting a veto override.

 

Thursday, 11 July 2013 17:20
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