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Originally Posted by ArlJim78
thank goodness indeed.
so much for your efficiency and streamlining pipedream. the CBO says it will add $52 billion to the deficit. So triple that and you will be close to the reality.
(CNSNews.com) -- The student loan overhaul legislation signed into law by President Barack Obama on Tuesday could add $52 billion to the deficit between 2010 and 2020 when the cost of the market risks and administrative expenses of the loans are taken into consideration, the non-partisan Congressional Budget Office (CBO) reported.
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A little disingenuous to post just the top paragraph, and not the rest of the article which explains the accounting differences and expands upon the savings.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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