[vbmoneyspender]

The endgame at hand, House Republicans struggled Thursday to pass legislation to prevent a looming government default while slicing nearly $1 trillion from federal spending.

There are no cuts in the bill for 2011. In fact, for 2011, the bill provides for $17 billion in add'l funding for Pell Grants. Starting in July 2012, there are minimul cuts to Pell Grants - but only to the subsidies people have been getting on the interest rates they are charged. The Pell Grants themselves will continue. This amounts to the sum total of spending cuts in the bill for 2011-2012.

[EternalVigilance]

Yeah. It’s all a scam. And not even a believable scam.