Thursday, November 17, 2005

UPDATE House Reject Spending Bill

In a 224-209 vote, the US House of Representatives voted against the $142.5 billion spending bill. The bill would have made major cuts to Medicare, limited the eligibility to food stamps, curbed student loan subsidies. Perhaps the most controversial component of the bill involved the requirement to force Medicaid beneficiaries to pay for a fraction of their health care.

If passed, this bill would have been the first education funding cut in 10 years. The cuts would have included cuts to Federal Pell Grants.

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