Washington, D.C.–(ENEWSPF)–March 22, 2010. Yesterday, the U.S. House of Representatives approved a landmark measure to make college more affordable for millions of Americans, and create jobs that stay in the U.S., at no cost to taxpayers. The House passed the bill, the Health Care and Education Affordability Reconciliation Act, by a vote of 220 to 211. The legislation makes the single largest investment in federal student aid in U.S. history, and delivers on many of President Obama’s key education initiatives. It now goes to the U.S. Senate for an up-or-down vote.
“Today Congress voted to stop wasting billions of taxpayer dollars to subsidize big banks, and start investing that money directly in our students and families. With this one move, we will help students pay for college, prepare them for our global economy, keep jobs in America and reduce the deficit,” said U.S. Rep. George Miller (D-CA), the chairman of the House Education and Labor Committee and the author of the legislation. “We are now just one step away from sending President Obama reforms that are good for students, good for taxpayers, and good for U.S. jobs.”
