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Tag Archives: leader-harry
Six Senators Urge Alternative to 100 Percent Direct Loans
In a letter to Senate Majority Leader Harry Reid yesterday, five Democrats and one Republican voiced support for reforming the student loan programs to increase Pell Grants, but urged the majority leader to consider "alternative legislative proposals" to the president's proposal to move to 100 percent Direct Loans. The Senators expressed concern about potential job losses from moving to 100 percent Direct Loans. The signers - Senators Bill Nelson (D-FL), Tom Carper (D-DE), Blanche Lincoln (D-AR), Jim Webb (D-VA), Mark Warner (R-VA), and Ben Nelson (D-NE) - all represent states with FFELP-based employers.
Posted in Financial Aid Also tagged all-represent, blanche-lincoln, majority, nelson, president, senate-majority, senators, senators-bill, student, the-majority, the-president Leave a comment
Senate Passes Scaled-Down Jobs Bill
Yesterday morning the Senate passed the first of what Senate Majority Leader Harry Reid (D-NV) hopes will be multiple scaled-down jobs bills. NASFAA staff and members have been advocating the Senate to include a provision in the House's jobs bill that provides an additional $300 million for the Federal Work-Study (FWS) Program. The $15 billion Senate bill passed yesterday does not include FWS funding, but the multiple bill approach means there will be additional opportunities for FWS funding to be increased. The Senate's approach also makes it more difficult to predict how Congress will ultimately pass job creation legislation.
Posted in Financial Aid Also tagged approach-means, been-advocating, congress, federal, house, makes-it-more, more-difficult, multiple, multiple-bill, predict-how, senate, senate-majority Leave a comment
Senate Finance Committee Leaders Unveil Bipartisan Jobs Bill
Senate Finance Committee Chairman Max Baucus (D-MT) and the committee's ranking Republican Charles Grassley (R-IA) released a bipartisan bill of tax cuts and spending provisions as part of a job-creation initiative yesterday. Unlike the job creation bill passed by the House in December, the Senate bill does not include additional funding for the Federal Work-Study (FWS) program. However, the Senate's path forward on jobs legislation is still unclear, given that Senate Majority Leader Harry Reid (D-NV) told reporters that the Senate would consider several smaller jobs bill once they returned from the Presidents Day recess.
Posted in Financial Aid Also tagged bipartisan-bill, chairman, committee, creation-bill, federal, finance, forward-on-jobs, house, senate, senate-finance, senate-majority, several-smaller, told-reporters, unlike-the-job Leave a comment
Video: Harkin Voices Opposition to Using Reconciliation to Pass Healthcare
Senator Tom Harkin (D-IA), chairman of the Senate Health, Education, Labor, and Pensions Committee, made it clear last night on the Rachel Maddow show that in his opinion, healthcare reform will not, and should not, be part of any budget reconciliation process. Yesterday evening, Senate Majority Leader Harry Reid unveiled the Senate's healthcare reform bill and is expected to call a vote later this week. The timeframe for a student aid reconciliation bill continues to be dependent on the fate of healthcare legislation. Watch the entire Maddow video in the article.
Posted in Financial Aid Also tagged article, bill-continues, education, his-opinion, labor, made-it-clear, opinion, rachel-maddow, senate, senate-health, senate-majority, student-aid, week Leave a comment
Six Senators Urge Alternative to 100 Percent Direct Loans