I read the latest update on the HCR talks. Based on the president’s latest push and congressional responses, I’m now in the cautiously optimistic category that HCR will pass but that’s not the only news that caught my eye. It seems that Dem leadership is trying to put a major part of Student Loan reform in the reconciliation package as well.

Click here to read the whole update on HCR talks.

Pelosi and other House Democrats want to include Obama’s proposed overhaul of the nation’s student loan programs in the second, fix-it health care bill. The measure would require the Education Department to originate all student assistance loans, effectively eliminating a role for banks and private lenders.

That idea has run into opposition from several Senate Democrats, and while officials said the controversy was debated at length in a closed-door meeting Tuesday night, no decision was made.

Like usual the conservadems are trying to block progress and I know loans would be underwritten by private banks but this move would reverse some of the changes Republicans made to the Student Loan system in the past couple of decades.

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nellie
Member

As much as I support the proposed changes in the student loan process, I wish congress would concentrate on getting health care done and out of the way. It’s enough to get health reform passed. We don’t need to load up the bill with anything extraneous.

Blues Tiger
Member
Blues Tiger

It didn’t make any real sense to me when I heard about it…

It’s a seperate issue and a big one at that and should be dealt with as such…

I feel the HCR Bill should be pure in it’s form, just HCR…

Chernynkaya
Member

I agree, Nellie. It will seem underhanded to many and to me, it seems an unnecessary controversy.

PatsyT
Member

Today I called my Representative Ken Calvert (CA 44th) AGAIN,
as part of the this push from the White House
Check it out Please Call Today
this link will give you Rep contact info and more –
http://advocacy.barackobama.com/healthcare/campaigns/18/call_scripts/56/call_sessions/new
I left a comment about the call after –

I said basically what is on the script and MORE !
Wow, it felt good to say all of that!
My Family has a small business and we can
not afford these insurances abuses.
I respectfully said that I was angry that
Ken Calvert is standing with the Insurance Company.
The Insurance Company has taken our premium
dollars and used them NOT for our healthcare
but for Lobbyist in Washington to the tune of. . . .
1 MILLION AND A HALF DOLLARS A DAY !!
I was very respectful and said that I will be
happy to be working for Bill Hedrick for Congress of the 44th!

Thank you,

bito
Member

The new CBO numbers are out with a new score that include the changes in the Senate bill
http://www.c-span.org/pdf/Reid_Letter_HR3590.pdf

This is for the wonks, I have to wait for the comic book to come out. 🙂

bito
Member

Think Progress has been highlighting the student loan program the last few days. And when it comes to opposition to the change, just follow the money.
The “Progress Report” hints that the “SAFRA” (student loans) could be passed on it’s own through reconciliation, because it is purely a budget item.

Meanwhile, the private lending industry is particularly focused on lobbying a handful of senators from states where the majority of lenders are based, framing their opposition to SAFRA as a way to save jobs. “We consider Democrats with the most [Sallie Mae/Nelnet Inc.] jobs in their states to be the strongest ‘no’ votes (7 Democrats from PA, IN, FL, NE, VA, DE),” the research firm Height Analytics wrote in a report to lending company investors.

http://pr.thinkprogress.org/

PatsyT
Member

For a minute KQuark, I thought you talking about menopause
Thanks for the info.

escribacat
Member

😆