To give you an idea of how far out of step with reality the Congressional Republicans who are demanding that we balance the budget with no tax increases are, a new Gallup poll shows that only 28% of all Republicans think that the deficit should be reduced only with budget cuts. Large majorities think we need both budget cuts and tax increases. In fact, Obama’s proposal is to the right of most Republicans. And yet House Republicans continue to insist on absolutely no tax increases (and some are even demanding additional tax cuts for the rich).
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(Heavy sigh)Sad but true, the next segment had me laughing so hard tears came to my eyes.
This was reported yesterday in Inside Higher Education:
“As talks continue and the deadline approaches on increasing the federal debt limit, the federal government’s subsidy for undergraduate student loans is now on the table.”
http://www.insidehighered.com/news/2011/07/13/possible_threat_to_subsidized_student_loans_in_debt_talks
And without a college educated workforce, how are we supposed to get out of this economic recession?