the proposal to sharply expand the Pell Grant Program and make it an entitlement is likewise fiscally irresponsible and potentially might add to already inflated college costs.
Editor's note · Context
Opposing the expansion of the Pell Grant Program as financially unsound.
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It's based off the capital gains. Right now--I had one person with a $40,000 house, and the capital gains on that made the difference of his retirement on an annual basis. The question is they have planned nothing----
Thank you. I'm going to yield to the ranking member in a minute. I didn't want to repeat questions when I was over at Homeland Security earlier.
In my district, we're getting hammered by unemployment. They're looking at the bonuses, and they're saying 'We don't get bonuses when our company goes down. We get laid off.'
This is a pretty amazing hearing, the party of Andrew Jackson who opposed the national banks not only proposing another national bank.





