Americans are going into debt just to eat... and Congress is making it worse, instead of better. New Substack from @markhuelsman.bsky.social on In Debt: https://indebt.substack.com/p/let-them-eat-credit

It looks like the House of Representatives is done for the week, and will be out of D.C. until Apr. 28. No action was taken to address the $1.1 billion hole that it blew in the city's local budget, raising the potential that cuts to programs and staff will start being made.

People also need to understand this isn’t federal money, this is DC money collected through DC taxes. They’re openly stealing from the city with the intent to immiserate the people living there because they resent the idea they should be allowed to govern themselves.

Adam Gurri@adamgurri.liberalcurrents.com · last yr.

Glad someone mentioned it talkingpointsmemo.com/live-blog/se...

Forbearance steering is now the official policy of the Department of Education.

The Washington Post@washingtonpost.com · last yr.

A memo obtained by The Washington Post shows borrowers could be locked out of all affordable repayment plan options for at least three more months.

The effects of the House’s proposed “Medicaid cuts to pay for tax cuts” in one graph: a 3.9% boost in income for the top 1% of households and a 7.4% reduction in income for the bottom fifth of households. In two words: class warfare. www.epi.org/blog/the-hou...

By eliminating CFPB Student Loan Ombudsman, the President is making clear his crusade to “delete” the CFPB is a gift to corporations and a betrayal of working families. protectborrowers.org...

Look, you may not like it, but when it comes to lowering costs for families, taking $300 billion to make your student loans more painful and another $200 billion to quite literally snatch food away from hungry people, well, that's just what peak performance looks like.

Bobby Kogan@bbkogan.bsky.social · last yr.

The House GOP plan calls cut taxes by $4.5 trillion - partially offset by more than $1 trillion in cuts to Medicaid & SNAP So they wanna do a giant tax cut that disproportionately helps the rich while taking away people's health insurance and food while still adding trillions to the debt.

The overall human toll here is staggering and honestly hard to wrap your head around, but it’s also just true that *ALL OF THIS* (gutting CFPB, draining colleges of funding overnight, and the expected deregulatory barrage from ED) is going to result in massive cost spikes for middle-class families.

Kevin Carey@kevincarey1.bsky.social · last yr.

This has nothing to do with efficiency and everything to do with the Trump / Musk regime waging war on ideologically disfavored institutions. www.washingtonpost.com/health/2025/...

NEW POLL: Trump's plan to abolish @usedgov is extremely unpopular among voters. protectborrowers.org/new-poll-con...