Posts by Mark Huelsman
It looks like the House of Representatives is done for the week, and will be out of D.C. until Apr. 28. No action was taken to address the $1.1 billion hole that it blew in the city's local budget, raising the potential that cuts to programs and staff will start being made.
People also need to understand this isn’t federal money, this is DC money collected through DC taxes. They’re openly stealing from the city with the intent to immiserate the people living there because they resent the idea they should be allowed to govern themselves.
Forbearance steering is now the official policy of the Department of Education.
The effects of the House’s proposed “Medicaid cuts to pay for tax cuts” in one graph: a 3.9% boost in income for the top 1% of households and a 7.4% reduction in income for the bottom fifth of households. In two words: class warfare. www.epi.org/blog/the-hou...
"This work matters. It’s a lifeline for borrowers and a safeguard against a system that too often fails them. Dismantling this function is unconscionable and will cost real people real money." — Julia Barnard, illegally fired top student loan industry watchdog
By eliminating CFPB Student Loan Ombudsman, the President is making clear his crusade to “delete” the CFPB is a gift to corporations and a betrayal of working families.
protectborrowers.org...
… senators, presidents, NFL offensive coordinators…
Look, you may not like it, but when it comes to lowering costs for families, taking $300 billion to make your student loans more painful and another $200 billion to quite literally snatch food away from hungry people, well, that's just what peak performance looks like.
The overall human toll here is staggering and honestly hard to wrap your head around, but it’s also just true that *ALL OF THIS* (gutting CFPB, draining colleges of funding overnight, and the expected deregulatory barrage from ED) is going to result in massive cost spikes for middle-class families.
Polling data showing A Majority of Voters Across Age and Education Lines Oppose an Executive Action to Abolish the U.S. Department of Education. January 31 to February 2, 2025 survey of 1,294 U.S. likely voters. [Groundwork Collaborative logo] [Data for Progress logo] [Student Borrower Protection Center logo]
NEW POLL: Trump's plan to abolish @usedgov is extremely unpopular among voters.
protectborrowers.org/new-poll-con...