President Obama will speak this afternoon at the University of Colorado Boulder, part of a swing-state campus tour designed to pressure Congress into extending low-interest rates on federal student loans. The rates are set to double in July.
A report issued Tuesday by healthcare advocacy group Families USA illustrates how the Ryan budget, passed recently in the U.S. House on a mostly partisan vote, could cost Colorado up to $36 billion over the next decade.
The Senate Wednesday voted against the U.S. House of Representatives budget proposal for the 2012 fiscal year, 40-57. The House bill was sponsored by Rep. Paul Ryan (R-Wis.)
Democrat Kathy Hochul is reportedly streaming ahead of Republican Jane Corwin in the Buffalo-area special election that has been marked out as a first test of the controversial GOP congressional budget plan crafted by Paul Ryan that seeks to “save” Medicare by turning it into a voucher system. Hochul hammered on the Ryan Medicare plan and Corwin defended it mostly by backing away from it.
Just as Republican lawmakers promote their plan to slash federal spending by turning Medicare into a new-style voucher program, come the eye-popping numbers tied to the National Defense Authorization Act. Colorado Republican Congressman Doug Lamborn, who has praised the proposed Medicare cuts and led the charge to slash federal funding for popular programs like public broadcasting this year as necessary belt-tightening, is celebrating his vote to spend $690 billion on the military next year.
Following the Tuesday release of House Budget Committee Chairman Rep. Paul Ryan’s 2012 budget resolution (PDF), senior groups and analysts have come out specifically against the proposed health care changes, saying seniors would pay twice as much for health care as they are now.
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