• one In the biggest change, the popular Pell Grant program for low-income students could run dry for as many as 100,000 students, as eligibility standards tighten.
• two Foreign aid will decline, with a 17 percent drop in the operating budget coming to USAID. It’s part of a larger $6 billion cut coming to the State Department.
• three The GOP won a health care victory, blocking the IRS’ ability to implement the Affordable Care Act’s provisions in 2012. The individual mandate hits in 2014. source

Posted by Ernie Smith • Permalink