Yesterday, Senate Democratic and Republican leaders agreed to new committee assignments, completing the 112th Congress’ committee assignments for both the House & Senate. You can find a PDF of the committee assignments here.
Additionally, the Senate reached and adopted a bipartisan compromise last night on changes to the chamber’s rules to speed up the legislative process. Although some Senators had advocated for direct limits to the use of the filibuster, lawmakers instead agreed upon less-controversial reforms to secret holds, confirmations, and the reading of amendments. Under the compromise, secret holds on legislation and nominees will be eliminated, the number of executive branch nominations subject to confirmation will be reduced by about a third, and Senators will no longer be allowed to force chamber clerks to read aloud amendments if those amendments have been posted online for at least 72 hours. Additionally, Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) entered into a “gentlemen’s agreement” to reduce the frequency of filibusters of motions to begin consideration of legislation, but this part of the compromise is not backed by any official rule change.
Read more!
Showing posts with label Harry Reid. Show all posts
Showing posts with label Harry Reid. Show all posts
Friday, January 28, 2011
Wednesday, December 1, 2010
House Passes Two-Week Stop Gap Funding Bill: DREAM Act Vote on the Horizon
Today, the House of Representatives by a vote of 239-178 passed a two-week continuing resolution to fund the government until December 18. The Senate will now consider the legislation. For the past month, Congressional leaders and the Administration have been working to resolve the FY11 appropriations bills. The current continuing resolution will have expired this Friday, December 3. The discussions are now centered on a short-term or long-term continuing resolution or an Omnibus Appropriations bill. Appropriations leaders are supporting an effort to finalize an Omnibus Appropriations bill because the funding totals will be higher and the bill will include Congressional earmarks. Either way, leaders are crafting a bill that will be funded at a substantially lower level than that of the President's budget request. Furthermore, the $5.7 billion Pell Grant shortfall continues to be an issue that will likely need to be addressed next year.
Senate Majority Leader Harry Reid (D-NV) has announced that there may be a vote to consider the DREAM Act as a stand-alone bill this week. While the bill has majority support, it still appears that the bill lacks the 60 votes necessary to proceed. ACCT is a member of the Act on the DREAM Coalition and supports the passage of the bill. In a move that complicates all Senate action, all Senate Republicans sent a letter to Majority Leader Reid stating that they would not vote for cloture on any bill until the Senate resolves the federal funding bills and the Bush-era income tax cuts are extended.
Also today, the National Commission on Fiscal Responsibility and Reform, which was tasked to address our nation's fiscal challenges, released its report, the Moment of Truth. The Commission was charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run. Of note, the report stated that increased funding should be focused on “high-priority investments America will need to remain competitive, such as increasing college graduation rates.”
The report can be viewed here. Read more!
Senate Majority Leader Harry Reid (D-NV) has announced that there may be a vote to consider the DREAM Act as a stand-alone bill this week. While the bill has majority support, it still appears that the bill lacks the 60 votes necessary to proceed. ACCT is a member of the Act on the DREAM Coalition and supports the passage of the bill. In a move that complicates all Senate action, all Senate Republicans sent a letter to Majority Leader Reid stating that they would not vote for cloture on any bill until the Senate resolves the federal funding bills and the Bush-era income tax cuts are extended.
Also today, the National Commission on Fiscal Responsibility and Reform, which was tasked to address our nation's fiscal challenges, released its report, the Moment of Truth. The Commission was charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run. Of note, the report stated that increased funding should be focused on “high-priority investments America will need to remain competitive, such as increasing college graduation rates.”
The report can be viewed here. Read more!
Thursday, November 18, 2010
Lame Duck Congress Returns for Leadership Elections
The lame duck Congress returned to Capitol Hill this week to elect leaders for the upcoming 112th Congress. The House Republican Caucus elected Rep. Boehner (R-OH) as Speaker-designate, Rep. Eric Cantor (R-VA) as selected Majority Leader, and Rep. Kevin McCarthy (R-CA) as Majority Whip. The House Democratic Caucus elected Rep. Nancy Pelosi (D-CA) as Minority Leader, Rep. Steny Hoyer (D-MD) as Minority Whip, and Rep. James Clyburn (D-SC) as Assistant Minority Leader (a new position). The new leadership will take office in January.
Meanwhile, in the Senate, the leadership positions will remain the same. Sen. Harry Reid (D-NV) will remain as Majority Leader and will be joined by Majority Whip Sen. Richard Durbin (D-IL). Republicans elected Sen. Mitch McConnell (R-KY) as Minority Leader and Sen. Jon Kyl (R-AZ) as Minority Whip.
With Congress returning, Congressional leaders have been working to resolve the FY11 appropriations bills. The current continuing resolution expires on December 3rd, but there does not seem to be a final conclusion to the funding process. There have been discussions about a short-term or long-term continuing resolution, each of which has pros and cons. Either way, leaders are working on crafting a bill that will be funded at a substantially lower level than that of the President's budget request. Furthermore, the Pell Grant shortfall continues to be an issue that will likely need to be addressed next year.
Senate Majority Leader Harry Reid (D-NV) announced earlier this week that he will bring the DREAM Act as a stand-alone bill. While the bill has majority support, it still appears that the bill lacks the 60 votes necessary to proceed.
Don't miss your opportunity to meet with your members of Congress and their staff during the 2011 Community College National Legislative Summit this February 13-16 in Washington, D.C. And be sure to register for the pre-Summit Advocacy Academy on February 13. This new academy is tailored to the needs of federal advocacy for community colleges. For more information and to register, go to www.acct.org/events/legislativesummit/. Read more!
Meanwhile, in the Senate, the leadership positions will remain the same. Sen. Harry Reid (D-NV) will remain as Majority Leader and will be joined by Majority Whip Sen. Richard Durbin (D-IL). Republicans elected Sen. Mitch McConnell (R-KY) as Minority Leader and Sen. Jon Kyl (R-AZ) as Minority Whip.
With Congress returning, Congressional leaders have been working to resolve the FY11 appropriations bills. The current continuing resolution expires on December 3rd, but there does not seem to be a final conclusion to the funding process. There have been discussions about a short-term or long-term continuing resolution, each of which has pros and cons. Either way, leaders are working on crafting a bill that will be funded at a substantially lower level than that of the President's budget request. Furthermore, the Pell Grant shortfall continues to be an issue that will likely need to be addressed next year.
Senate Majority Leader Harry Reid (D-NV) announced earlier this week that he will bring the DREAM Act as a stand-alone bill. While the bill has majority support, it still appears that the bill lacks the 60 votes necessary to proceed.
Don't miss your opportunity to meet with your members of Congress and their staff during the 2011 Community College National Legislative Summit this February 13-16 in Washington, D.C. And be sure to register for the pre-Summit Advocacy Academy on February 13. This new academy is tailored to the needs of federal advocacy for community colleges. For more information and to register, go to www.acct.org/events/legislativesummit/. Read more!
Tuesday, November 9, 2010
Lame Duck Congress Returns Next Week
Congress is expected to return to session next week to proceed with a series of bills, including all of the appropriations bills and the extension of tax cuts. The federal government is under a continuing resolution that will fund the government until December 3rd. It is unclear whether Congress will address the appropriations bills before the end of the 111th Congress or carry on a continuing resolution into 2011. While both parties strongly desire to address the bills this year, there will need to be a quick solution in order to finalize the bills. One solution would be to reach an agreement on reducing some of the funding within the bills to meet bipartisan approval. The collective thinking on the $5.7 billion Pell Grant shortfall is that Congress will not address it this year. Next year, Congress will likely be unable to address the Pell Grant shortfall unless they put the funding into an emergency spending bill, which it has done in past.
Outlook for the 112th Congress:
Congress will return this month to determine the Congressional leadership for the upcoming year. The week after Thanksgiving, the Democratic and Republican caucuses will determine the committee chairs, with the committee rosters following shortly thereafter.
Outlook for the 112th Senate:
The Senate in 2011 will have 53 Democrats (including 2 Independents who caucus with Democrats) and 47 Republicans (including one uncalled race, but the two front runners are Republicans). Senate leadership is not expected to change, with Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) retaining their posts. Additionally, the committee chairman will largely be unaffected, as Senator Daniel Inouye (D-HI) will remain as Chair of the Appropriations Committee, and Senator Tom Harkin (D-IA) will remain as Chair of the Health, Education, Labor and Pensions Committee.
Outlook for the 112th House of Representatives:
On the House side, the election brought about significant change, as the Republican party gained control of the House for the 112th Congress. The current election results are 239 Republicans and 188 Democrats, with 8 uncalled elections. Current Minority Leader John Boehner (R-OH) is expected to become the Speaker of the House, and current Minority Whip Eric Cantor (R-VA) is expected to be the Majority Leader. Rep. Kevin McCarthy (R-CA), a former trustee from Kern Community College District, announced that he will seek the Majority Whip position. Current Speaker of the House Nancy Pelosi (D-CA) has announced that she will run for Minority Leader. The current Majority Leader Steny Hoyer (D-MD) and Majority Whip James Clyburn (D-SC) are running against each other for the Minority Whip position.
On the committee front, Rep. Jerry Lewis (R-CA) and Rep. Harold Rogers (R-KY) have announced their candidacy for the position of Chair of the Appropriations Committee. Rep. John Kline (R-MN) has forwarded his name to be Chair of the Education and Labor Committee. Read more!
Outlook for the 112th Congress:
Congress will return this month to determine the Congressional leadership for the upcoming year. The week after Thanksgiving, the Democratic and Republican caucuses will determine the committee chairs, with the committee rosters following shortly thereafter.
Outlook for the 112th Senate:
The Senate in 2011 will have 53 Democrats (including 2 Independents who caucus with Democrats) and 47 Republicans (including one uncalled race, but the two front runners are Republicans). Senate leadership is not expected to change, with Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) retaining their posts. Additionally, the committee chairman will largely be unaffected, as Senator Daniel Inouye (D-HI) will remain as Chair of the Appropriations Committee, and Senator Tom Harkin (D-IA) will remain as Chair of the Health, Education, Labor and Pensions Committee.
Outlook for the 112th House of Representatives:
On the House side, the election brought about significant change, as the Republican party gained control of the House for the 112th Congress. The current election results are 239 Republicans and 188 Democrats, with 8 uncalled elections. Current Minority Leader John Boehner (R-OH) is expected to become the Speaker of the House, and current Minority Whip Eric Cantor (R-VA) is expected to be the Majority Leader. Rep. Kevin McCarthy (R-CA), a former trustee from Kern Community College District, announced that he will seek the Majority Whip position. Current Speaker of the House Nancy Pelosi (D-CA) has announced that she will run for Minority Leader. The current Majority Leader Steny Hoyer (D-MD) and Majority Whip James Clyburn (D-SC) are running against each other for the Minority Whip position.
On the committee front, Rep. Jerry Lewis (R-CA) and Rep. Harold Rogers (R-KY) have announced their candidacy for the position of Chair of the Appropriations Committee. Rep. John Kline (R-MN) has forwarded his name to be Chair of the Education and Labor Committee. Read more!
Friday, May 7, 2010
Keep Our Educators Working Act Builds Momentum
S. 3206, the “Keep Our Educators Working Act of 2010” bill introduced by Senator Tom Harkin (D-IA), now has 26 cosponsors. The bill continues to gather co-sponsors, and it appears that the bill will be coming to the Senate floor soon. Majority Leader Harry Reid (D-NV), who supports the bill, has indicated that the bill will be brought up for consideration and may come up before the Senate recesses for the Memorial Day work period. To view the bill, visit: http://thomas.loc.gov/cgi-bin/query/z?c111:S.3206:
In other Congressional news, House Appropriations Committee Chairman David Obey (D-WI) has announced that he will not be running for re-election this fall. Chairman Obey has been a longtime champion of education programs, most specifically the Pell Grant program. In recent years, Chairman Obey has been strong proponent of increasing the Pell Grant maximum and succeeded in increasing the maximum from $4,050 in 2006-7 to $5,550 for 2010-11. If the House remains in Democratic control, Rep. Norm Dicks (D-WA) will have seniority on the committee and is expected to succeed Chairman Obey.
The Senate Health, Education, Labor and Pensions Committee held a hearing yesterday and approved the nomination of Eduardo M. Ochoa to be the Assistant Secretary for Postsecondary Education at the Department of Education. Currently, Ochoa is Provost and Vice President at Sonoma State University in California. The full Senate still needs to consider the nomination.
The Department of Education’s Office of Vocational and Adult Education (OVAE) has started a newsletter. To sign up for the newsletter, please email peirce.hammond@ed.gov. Read more!
In other Congressional news, House Appropriations Committee Chairman David Obey (D-WI) has announced that he will not be running for re-election this fall. Chairman Obey has been a longtime champion of education programs, most specifically the Pell Grant program. In recent years, Chairman Obey has been strong proponent of increasing the Pell Grant maximum and succeeded in increasing the maximum from $4,050 in 2006-7 to $5,550 for 2010-11. If the House remains in Democratic control, Rep. Norm Dicks (D-WA) will have seniority on the committee and is expected to succeed Chairman Obey.
The Senate Health, Education, Labor and Pensions Committee held a hearing yesterday and approved the nomination of Eduardo M. Ochoa to be the Assistant Secretary for Postsecondary Education at the Department of Education. Currently, Ochoa is Provost and Vice President at Sonoma State University in California. The full Senate still needs to consider the nomination.
The Department of Education’s Office of Vocational and Adult Education (OVAE) has started a newsletter. To sign up for the newsletter, please email peirce.hammond@ed.gov. Read more!
Tuesday, March 2, 2010
Senate Jobs Bill Part 2 Introduced; President Obama Visits Savannah Technical College
Yesterday, Senator Max Baucus (D-MT) and Majority Leader Harry Reid (D-NV) introduced the second phase of the Senate’s Job Agenda. The introduced bill, known as the American Workers, State and Business Relief Act, would be a substitute amendment to H.R. 4213, the Tax Extenders Act of 2009. The bill provides unemployment insurance and COBRA health benefits from February 28, 2010 – December 31, 2010. The total package costs $150 billion.
Additionally, the bill extends a number of tax credits that have expired, including the qualified tuition deduction, research and development credit, increased funding for state Medicaid programs, and a number of credits aimed at small businesses. This bill does not include funding for an “Education Jobs Fund.”
To view the press release, go to: http://finance.senate.gov/press/Bpress/2010press/prb030110b.pdf
At present, it is unclear how the Senate will proceed with this bill. The Senate is currently working to consider extending unemployment insurance for one month, but the Senate cannot finalize action because of a procedural objection. Meanwhile, the House Democratic leaders are working to gather support to pass the first part of the Senate Jobs bill. Speaker Nancy Pelosi (D-CA) is trying to gather support for the Senate Jobs bill. The House leadership expects to consider the Senate Jobs bill sometime this week.
In other news, President Barack Obama visited Savannah Technical College in Georgia today as part his “Main Street Tour.” The President spoke to students of the Savannah YouthBuild program, which puts at-risk youth through a combined GED/construction program, as part of his continuing effort to vocalize his support for community and technical college-based workforce training programs. During the visit, he announced a newly proposed program designed to provide incentives for homeowners to retrofit their homes in a more energy-efficient manner. The Home Star program, which was first outlined in the president's State of the Union address, would provide rebates to homeowners of up to $3,000 for making energy efficient improvements to their houses. Customers would be eligible for direct rebates at the point of sale, according to the White House.
"This is a commonsense approach that will help jump start job creation while making our economy stronger," the President said. "It's what's right to plan for our future." The President has also visited Lehigh Carbon Community College in Pennsylvania and Lorain County Community College in Ohio as part of the tour.
Additionally, the White House is hosting a discussion on the Student Aid and Fiscal Responsibility Act (SAFRA) with White House Domestic Policy Director Melody Barnes and Secretary of Education Arne Duncan.
For more information, go to: http://www.whitehouse.gov/blog/2010/03/02/reforming-student-loans-paving-road-opportunity Read more!
Additionally, the bill extends a number of tax credits that have expired, including the qualified tuition deduction, research and development credit, increased funding for state Medicaid programs, and a number of credits aimed at small businesses. This bill does not include funding for an “Education Jobs Fund.”
To view the press release, go to: http://finance.senate.gov/press/Bpress/2010press/prb030110b.pdf
At present, it is unclear how the Senate will proceed with this bill. The Senate is currently working to consider extending unemployment insurance for one month, but the Senate cannot finalize action because of a procedural objection. Meanwhile, the House Democratic leaders are working to gather support to pass the first part of the Senate Jobs bill. Speaker Nancy Pelosi (D-CA) is trying to gather support for the Senate Jobs bill. The House leadership expects to consider the Senate Jobs bill sometime this week.
In other news, President Barack Obama visited Savannah Technical College in Georgia today as part his “Main Street Tour.” The President spoke to students of the Savannah YouthBuild program, which puts at-risk youth through a combined GED/construction program, as part of his continuing effort to vocalize his support for community and technical college-based workforce training programs. During the visit, he announced a newly proposed program designed to provide incentives for homeowners to retrofit their homes in a more energy-efficient manner. The Home Star program, which was first outlined in the president's State of the Union address, would provide rebates to homeowners of up to $3,000 for making energy efficient improvements to their houses. Customers would be eligible for direct rebates at the point of sale, according to the White House.
"This is a commonsense approach that will help jump start job creation while making our economy stronger," the President said. "It's what's right to plan for our future." The President has also visited Lehigh Carbon Community College in Pennsylvania and Lorain County Community College in Ohio as part of the tour.
Additionally, the White House is hosting a discussion on the Student Aid and Fiscal Responsibility Act (SAFRA) with White House Domestic Policy Director Melody Barnes and Secretary of Education Arne Duncan.
For more information, go to: http://www.whitehouse.gov/blog/2010/03/02/reforming-student-loans-paving-road-opportunity Read more!
Tuesday, February 23, 2010
Senate Invokes Cloture on Jobs Legislation
On Monday, the Senate invoked cloture (end debate or limit time for bill consideration) by a 62-30 vote on the Senate Jobs legislation introduced by Senate Majority Leader Harry Reid (D-NV). The Senate Jobs legislation would provide $15 billion in tax cuts, with the bulk of the funding intended to help employers hire new employees. The Senate is now expected to consider and pass its bill sometime this week. The legislation includes:
Last year, the House of Representatives passed the “Jobs for Main Street Act of 2010” by a 217-212 vote. The act provides $154 billion for a number of programs. Most importantly, $23 billion will be available to states as part of an “Education Jobs Fund” over the next two years. 95% of the funds will be allocated by states to school districts and public institutions of higher education to retain or create jobs that provide educational services and to modernize, renovate, and repair public education facilities.
The bill provides $750 million in competitive grants to train workers for jobs in high-growth fields. The bill also provides $300 million for the Federal Work Study Program.
The summary of the bill can be found here: http://appropriations.house.gov/pdf/Jobs_for_Main_Street_Act_of_2010_Summary.pdf.
The bill can be found here: http://appropriations.house.gov/pdf/2010_Jobs_For_Main_Street_Bill_Text.pdf. Read more!
- Payroll Tax Exemption: offers an exemption from social security payroll taxes for every worker hired in 2010 who has been unemployed for at least 60 days. There would also be an additional $1,000 income tax credit for every new employee retained for 52 weeks to be taken on the employer’s 2011 income tax return. ($13 billion)
- Section 179 Expensing: helps small businesses grow by allowing them to write off more of their expenditures.
- Highway Trust Fund Extension: extends existing highway programs, which provides states and localities with the certainty they need to make decisions on projects.
- Expansion of Build America Bonds: allows state and local governments to borrow at lower costs to finance more infrastructure projects and put people to work. ($2 billion)
Last year, the House of Representatives passed the “Jobs for Main Street Act of 2010” by a 217-212 vote. The act provides $154 billion for a number of programs. Most importantly, $23 billion will be available to states as part of an “Education Jobs Fund” over the next two years. 95% of the funds will be allocated by states to school districts and public institutions of higher education to retain or create jobs that provide educational services and to modernize, renovate, and repair public education facilities.
The bill provides $750 million in competitive grants to train workers for jobs in high-growth fields. The bill also provides $300 million for the Federal Work Study Program.
The summary of the bill can be found here: http://appropriations.house.gov/pdf/Jobs_for_Main_Street_Act_of_2010_Summary.pdf.
The bill can be found here: http://appropriations.house.gov/pdf/2010_Jobs_For_Main_Street_Bill_Text.pdf. Read more!
Friday, February 12, 2010
Senate Jobs Bill Update
Last week, the Senate Democratic leadership introduced a Jobs Bill Agenda (which can be read at http://democrats.senate.gov/newsroom/record.cfm?id=322107&) that covers a number of areas, including funds for states to shore up funding for education.
The Senate leadership indicated that the Senate will move individual bills that cover a number of areas as opposed to a single jobs bill such as the one passed by the House. Yesterday, Majority Leader Harry Reid (D-NV) introduced the first part of a series of bills. The introduced bill would provide $15 billion in tax cuts, with the bulk of the funding intended to help employers hire new employees. With the Congressional recess approaching next week, it is unclear when the Senate will move this bill and other bills that cover parts of the Jobs Bill Agenda. The bill can be viewed at: http://thomas.loc.gov/cgi-bin/query/C?r111:./temp/~r111kLYGMn
Last year, the House of Representatives passed the “Jobs for Main Street Act of 2010” by a 217-212 vote. The act provides $154 billion for a number of programs. Most importantly, $23 billion will be available to states as part of an “Education Jobs Fund” over the next two years. 95% of the funds will be allocated by states to school districts and public institutions of higher education to retain or create jobs that provide educational services and to modernize, renovate, and repair public education facilities.
The bill provides $750 million in competitive grants to train workers for jobs in high-growth fields. The bill also provides $300 million for the Federal Work Study Program.
The summary of the bill can be found here: http://appropriations.house.gov/pdf/Jobs_for_Main_Street_Act_of_2010_Summary.pdf.
The bill can be found here: http://appropriations.house.gov/pdf/2010_Jobs_For_Main_Street_Bill_Text.pdf. Read more!
The Senate leadership indicated that the Senate will move individual bills that cover a number of areas as opposed to a single jobs bill such as the one passed by the House. Yesterday, Majority Leader Harry Reid (D-NV) introduced the first part of a series of bills. The introduced bill would provide $15 billion in tax cuts, with the bulk of the funding intended to help employers hire new employees. With the Congressional recess approaching next week, it is unclear when the Senate will move this bill and other bills that cover parts of the Jobs Bill Agenda. The bill can be viewed at: http://thomas.loc.gov/cgi-bin/query/C?r111:./temp/~r111kLYGMn
Last year, the House of Representatives passed the “Jobs for Main Street Act of 2010” by a 217-212 vote. The act provides $154 billion for a number of programs. Most importantly, $23 billion will be available to states as part of an “Education Jobs Fund” over the next two years. 95% of the funds will be allocated by states to school districts and public institutions of higher education to retain or create jobs that provide educational services and to modernize, renovate, and repair public education facilities.
The bill provides $750 million in competitive grants to train workers for jobs in high-growth fields. The bill also provides $300 million for the Federal Work Study Program.
The summary of the bill can be found here: http://appropriations.house.gov/pdf/Jobs_for_Main_Street_Act_of_2010_Summary.pdf.
The bill can be found here: http://appropriations.house.gov/pdf/2010_Jobs_For_Main_Street_Bill_Text.pdf. Read more!
Friday, November 20, 2009
Senate Education Reconciliation Bill Still on Hold
This weekend, the Senate is expected to conduct a key procedural vote, as Senate Majority Leader Harry Reid (D-NV) filed for cloture to begin consideration of the Senate health care reform bill. If the Senate is able to get the 60 necessary votes, it will begin consideration of the Senate health care legislation. Additionally, Senate Majority Leader Reid noted yesterday that the Senate will not use the reconciliation process for health care. It is unclear what other procedural alternatives would remain for health care if the Senate does not get cloture on the bill.
Congress is still on track to utilize the reconciliation process for education, but the Senate is still waiting for action to be determined on health care before it considers the education reconciliation bill. The Senate’s education reconciliation bill is expected to contain the American Graduation Initiative (AGI). ACCT is hopeful that the Senate will provide greater funding for the American Graduation Initiative than the House bill provided.
Meanwhile, Rep. John Kline (R-MN), Ranking Member of the House Education and Labor Committee, and Sen. Mike Enzi (R-WY), Ranking Member of the Senate Health, Education, Labor and Pensions Committee, introduced legislation to extend the Ensuring Continued Access to Student Loans Act (ECASLA). ECASLA was passed in 2008 and helped stabilize the student loan market by allowing the Department of Education to purchase Federal Family Education Loans (FFEL). The Administration and the Education Committee Chairmen have signaled that they will not seek to extend ECASLA because the proposed conversion of the FFEL to the Direct Loan program will make the extension unnecessary. Read more!
Congress is still on track to utilize the reconciliation process for education, but the Senate is still waiting for action to be determined on health care before it considers the education reconciliation bill. The Senate’s education reconciliation bill is expected to contain the American Graduation Initiative (AGI). ACCT is hopeful that the Senate will provide greater funding for the American Graduation Initiative than the House bill provided.
Meanwhile, Rep. John Kline (R-MN), Ranking Member of the House Education and Labor Committee, and Sen. Mike Enzi (R-WY), Ranking Member of the Senate Health, Education, Labor and Pensions Committee, introduced legislation to extend the Ensuring Continued Access to Student Loans Act (ECASLA). ECASLA was passed in 2008 and helped stabilize the student loan market by allowing the Department of Education to purchase Federal Family Education Loans (FFEL). The Administration and the Education Committee Chairmen have signaled that they will not seek to extend ECASLA because the proposed conversion of the FFEL to the Direct Loan program will make the extension unnecessary. Read more!
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