This week's politics and how they could affect you

1) Eric Cantor loses the Republican primary in Virginia's 7th District

In a historical upset, House Majority Leader Eric Cantor was defeated in Tuesday night's primary. Cantor fell to David Brat, a college professor and Tea Party conservative. Brat goes on to face Democrat Jack Trammel, who ironically is a professor at the same school as Brat, Randolph-Macon College. Beyond the outcome of the election in November, the dethroning of Cantor is sure to cause rumbles in national politics affecting everything from the Republican leadership to immigration reform.

Read more about the stunning primary here.

2) Virginia's General Assembly passes a budget

Virginia lawmakers have passed a budget. With a government shutdown looming on July 1st, the General Assembly voted 69-31 to finalize a deal. The plan includes an amendment stating that the Governor cannot expand Medicaid without the approval of the General Assembly. Medicaid was one of Governor McAuliffe's major goals designed to extend healthcare to 400,000 Virginians under the Affordable Care Act. The governor was not surprisingly unhappy with the amendment and in a statement released last night said " the fight is far from over". The budget and its amendment now go to McAuliffe's desk for approval.

See Nikki Burdine's full report here.

3) Former D.C. Councilmember Carol Schwartz is running for mayor

For those planning to skip the District's mayoral election because they weren't a fan of Bowser or Catania, there is now a third option. Former D.C. Councilmember Carol Schwartz has tossed her hat in to the ring. After a five year hiatus the Republican turned Independent announced her candidacy on Monday. Schwartz said a leadership void and a lack of confidence in either of the candidates led her to step up.

See Bruce Johnson's interview with Carol Schwartz here.

4) President Obama announces new Student Loan Initiatives

Whether you just graduated or have been out of school for a few years, student loans are a burden. On Monday, President Obama signed executive orders to make student loans more manageable. The executive order is actually an extension of the Pay As You Earn Plan, which mandates only 10% of one's income can go to student loans. What the President signed Monday extends that plan to some additional 5 billion Americans. If you took out a student loan before October of 2007, you may be eligible for this relief, and if so your monthly student loan check just got smaller!

Learn more about the President's student loan plans here.

5) Virginia State Senator Phil Puckett Resigns

Virginia State Senator Phil Puckett resigned his seat on Monday. This gave Republicans the majority they needed to push their budget through the General Assembly. Many speculated that Puckett made a deal with the GOP to give up his seat in exchange for a position on the state Tobacco Commission. Amid such accusations Puckett's name has been removed from the list of candidates for that post. A date for a special election to replace Puckett has not been announced yet.

Peggy Fox talked to legislatures about Puckett's resignation; see what they had to say here.


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