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Politics : View from the Center and Left

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JohnM

To: M. Murray who wrote (402435)	3/11/2019 10:22:54 PM
From: Sam	1 Recommendation Read Replies (2) of 542534

Genius. Pure genius. I hope he and the GOP run on this budget. So much winning, I can hardly breath. Education Dept. faces 10% funding cut under Trump’s 2020 budget proposal Published Mon, Mar 11 2019 • 12:50 PM EDT \| Updated 2 hours ago Annie Nova Key Points The Education Department’s budget would be significantly reduced under Trump’s 2020 budget. Changes include the end of subsidized student loans and the popular public service loan forgiveness program. With the House controlled by Democrats, the administration may find it hard to realize its requests. President Donald Trump’s budget proposal unveiled on Monday would slash funding for the U.S. Education Department by more than 10 percent. The plan, titled “ A Budget for a Better America, ” requests $62 billion for the Department of Education, or $7.1 billion less than the agency’s allowance in 2019. The budget eliminates subsidized student debt, in which interest doesn’t accrue on the loans while borrowers are in school or in economic hardship. It also reduces the number of repayment plans for borrowers and scratches the popular, if challenged, public service loan forgiveness program. continues at cnbc.com

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