A new No Child Left Behind bill is finally getting a hearing in the Senate Wednesday – after three years of sitting in limbo. The bill has bipartisan support, and plenty of detractors.
Financial aid dollars from the US government represents up to 90 percent of revenues of for-profit colleges. When the Department of Education laid down new conditions for financial aid access, the colleges' shares didn't tank. They soared on Wall Street.
Republican freshman – tea partyers and others – keep breaking ranks, leading to shocking legislative defeats. Now, 87 representatives and 11 senators have written to Speaker of the House John Boehner to insist on $100 billion in budget cuts.
The bulk of the money will go to the first responders who worked on and after Sept. 11, 2001, at ground zero. President Obama has said he will sign the legislation.
But lawmakers may run out of time before the end of the year. If so, the Sept. 11-related legislation would have to be reintroduced next year.
At a Senate hearing Wednesday, government investigators released evidence that some for-profit colleges encouraged students to falsify financial aid documents.
For-profit colleges have come under government scrutiny for alleged practices driven more by profit margins than by educational goals. A Senate committee held a hearing on the issue Thursday.
Cap and trade: Wyoming senator says Obama shouldn't link cap and trade to BP oil spill.
Negotiations with the House over the final financial reform bill are expected to be more transparent than they were with health-care reform. Exemptions or special deals sought by industry lobbyists are likely to stir intense debate.
The Obama health care summit focused on costs and access. But proposed reforms would wipe away Americans’ freedom of choice in this vital area.