According to the Associated Press, members of the UNH Public Interest Group (a splinter of MassPIRG, the leftist organization about which we long-time residents of NH often heard in Boston news, and which we were happy was not in our state) protested today over the drastic "cuts" in federal student loan assistance. The AP tells us that nearly 13 billion Dollars will be "cut" in loan programs and the federal budget would be cut an overall $40 billion if this Republican proposal becomes law. The only trouble is, there ARE no cuts. Aggregate Federal spending will merely not increase as much as some would like. The budget will INCREASE by 7.3% rather than 7.5%.

Hear Brian Reidl, Senior Policy Analyst for Federal Budgetary Affairs, as he joins Gardner Goldsmith to discuss the reality and rhetoric of the "cuts".

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Downsizing the Federal Goverment