I guess it was the fatigue over the Alito nomination and the SOTU. That is the only reason that I can come up with that the Progressive Blogosphere did not fight the Budget Reconciliation package that passed the House yesterday by a vote of 216-214. This is the bill the Republicans have Bushspeaked into the Deficit Reduction Bill or some such nonsense. What will it really do?
Student Loans - Student loans will take a $12.7 Billion dollar hit. The effect will be to make it harder to get a student loan and will make the interest higher for those who already have pile of students loans - thanks for the help GWB. Gee, do you think his base, that is millionaires, have many outstanding student loans? On Air America, Al Franken has stated his theory that this program is designed to force more lower-income students to chose the military as a way to pay for college. That would be evil, so yes, I believe that is the purpose of this cut.