Tag: Government budget balance

[2012] The Demise of Higher Education in the United States

Ms. Cat

The United States has experienced two major growth spurts in higher education. In 1862, the Morrill Act changed the face of higher education will by granting each state 30,000 acres of public land for each senator and representative. Sale of the land was intended to create an endowment fund for the support of colleges in each of the states. Prior to the creation of the land-grant colleges, higher education was predominantly intended for wealthy students and those intending to serve as clergy. The land-grant colleges expanded higher education to different regions and a different class of students. This expansion, however, was still incomplete.

The Demise of Higher Education in the United States

Previously:

The Origin of Student Debt: Reagan Adviser Warned Free College Would Create a Dangerous “Educated Proletariat”

The Powell Memo Revisited

Front Organizations

France, a Nation On The Edge After Government’s Pension Reforms Bypass Democratic Process

Ms. Cat
“HE’S ONLY DOING SHIT” – Apple Translate.

France, a Nation on the Edge.

French President Emmanuel Macron rammed a controversial pension reform through parliament without a vote by invoking a special executive measure. With the opposition braced for a no-confidence vote and the unions threatening more strikes, France witnessed a dramatic week in politics.

France, a Nation On The Edge After Government’s Pension Reforms Bypass Democratic Process: Macron Uses Executive Order To Push Bill Through

Rail strikes: RMT chief Mick Lynch says Sir Keir Starmer must ‘cosy up to working class people’ to be effective in Opposition + UK Truss government delivers class war budget

Ms. Cat

Rail strikes: RMT chief Mick Lynch says Sir Keir Starmer must ‘cosy up to working class people’ to be effective in Opposition

Video via Labour Heartlands

Related:

UK Truss government delivers class war budget

Soaring energy bills ‘price worth paying’ to stand up to Putin, says Liz Truss

Will you get insulin-cost relief from the inflation bill? Not if you have private insurance

Ms. Cat

Will you get insulin-cost relief from the inflation bill? Not if you have private insurance

But an out-of-pocket cap identical to that for Medicare was stripped from the bill for those with private insurance because Democrats are trying to pass the bill by a simple majority through the reconciliation process. That requires Senate Parliamentarian Elizabeth MacDonough to vet the provisions. She said most of the health-related features were fine, but the insulin proposal for those who have private insurance, not Medicare, violated the Byrd provision, which says that issues “extraneous to the federal budget” cannot be passed by simple majority through reconciliation.

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Out-of-pocket spending for those with Part D Medicare drug coverage will be capped at $2,000 a year.

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In 2024, a 5% coinsurance payment that now kicks in after someone reaches the catastrophic drug spending level of $7,050 in Medicare will end. Because drug companies set their own prices, 5% on expensive drugs can be a lot of money.

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