Carbondale Bytelife

In case you haven't been following it with baited breath, the $700 billion bailout vote failed in the House today 228 to 205, despite last minute arm twisting by the White House. About 2/3 of Republicans and 40% of Democrats voted against it. House Minority Leader John Boehner blamed the failure on a speech by Speaker Nancy Pelosi, saying it was so partisan that it"poisoned our conference, casuing a number of memebers we thought we could get to go south". Talk about blowing smoke. Most House memebers wanted the thing to pass, so it looked like they were doing something but didn't want to vote for it, since the American public is so opposed to the bailout.

Labels: economy, government

If you didn't catch this on the news today, the Secretary of Education announced the largest increase in Pell grants in 30 years. A student's maximum grant will increase to $4600 next year and $5400 over the next 5 years.

Labels: government, siu