After Senate votes down measure to prevent rate hike, POTUS renews call for congressional cooperation.

Obama: “We’re going to need some more action from Congress… Democrats and Republicans are going to need to come together.”

Official statement, per PressSec: “It is extremely disappointing that Republicans in the Senate today voted to ask millions of students to pay an average of $1,000 each in order to protect a loophole that allows millionaires to dodge payroll taxes.”