MORNING MESSAGE
Who Needs To Reach Higher For Higher Education?
Why is [NY Gov. Andrew] Cuomo intent on cutting higher education and raising tuition at the very same time government leaders are exhorting young people to take their education beyond higher school? It’s not just Cuomo. According to a new report, most states are on par with New York or even worse in cutting their commitments to higher education ... Students, of course, are the ones having to take the brunt of the funding crunch by taking on more college loan debt
SANDERS CLOSES IN
Two point race in CA. W. Post:“The latest and most closely watched of the three ‘live caller’ polls …. was the Field Poll … Clinton led Sanders by a 45-43 margin … Polls this week from the Public Policy Institute of California and NBC News/Marist found the same margin…”
Sen. Harry Reid tells Bernie to quit. AP quotes:” I don’t think he should [stay in to the convention]. I don’t know what that’s going to prove. Sometimes you just have to give up. I’ve lost before. The numbers aren’t there.”
Clinton laces into Trump’s business dealings. WSJ:“Hillary Clinton seized on Donald Trump’s legal troubles concerning a defunct real-estate school during a rally Wednesday, calling him a ‘fraud’ who is ‘trying to scam America the way he scammed all those people at Trump U.’ …
“DNC vetoed union leader pick for platform committee” reports W. Post:“… at a news conference today, Sanders revealed that the DNC had actually vetoed his nomination of a key labor ally, and said he was told not to pick anyone else from the labor movement … DNC platform committee spokeswoman Dana Vickers Shelley confirmed that the DNC had not wanted labor leaders on the platform drafting committee, limiting labor’s presence to Paul Booth of the American Federation of State, County, and Municipal Employees union.”
Clinton talks up clean energy. The Hill:“The tenfold boost in electricity production from sources like wind, solar and geothermal is one of the top features of a conservation and public land agenda the Democratic presidential candidate rolled out Wednesday.”
Sanders criticizes WH move on offshore fracking. W. Post:“Just days after two federal agencies seemed to clear the way for offshore fracking in the Pacific Ocean, Sen. Bernie Sanders (I-Vt.) called on it to stop … ‘[It] will not be allowed to stand if I have anything to say about it,’ said Sanders … Clinton has not responded to the report…”
Backlash against fossil fuels. WSJ:“Many major fossil-fuel projects across the U.S., from pipelines to export terminals, have been shelved or significantly delayed because of a confluence of new regulations, grass-roots opposition and a drop in energy prices. Overall, more than a dozen projects, worth about $33 billion, have been either rejected by regulators or withdrawn by developers since 2012…”
OBAMA STUMPS
Obama sells economic progress, rips GOP, in Indiana address. W. Post:“He slammed the Republican message as ‘anti-government, anti-immigrant, anti-trade and, let’s face it, anti-change.’ … His aim, he said, was ‘to bust this myth of crazy, liberal government spending.’ … He castigated Republicans for criticizing regulations imposed on Wall Street …”
Obama embraces expanded Social Security. Politico:“President Barack Obama called for expanding Social Security on Wednesday, prompting progressive groups to declare victory after they tangled with him over a plan to save costs in the entitlement program three years ago … ‘it’s time we finally made Social Security more generous and increased its benefits so that today’s retirees and future generations get the dignified retirement that they’ve earned,” Obama said in an economic call to arms in Elkhart, Indiana. ‘We could start paying for it by asking the wealthiest Americans to contribute a little bit more.'”
TRUMP LACKS SWING STATE SUPPORT
Trump lacking key swing state endorsements. Politico:“…a host of key establishment figures in Ohio and Florida — including current Ohio Gov. John Kasich, former Gov. Bob Taft, former Florida Gov. Jeb Bush, Florida Reps. Ileana Ros-Lehtinen and Carlos Curbelo and other influential Latino leaders in Florida — are still refusing to get behind the GOP nominee.”
MI Gov. Rick Snyder won’t endorse Trumpreports Politico.
“Conflicts of Interest? President Trump’s Would Be Amazing” says Bloomberg’s Timothy O’Brien:“…he would still be allowed to oversee operations and collect income from the more than 500 businesses … Some of Trump’s businesses also appear to be in countries that don’t necessarily sync up with the candidate’s foreign-policy message…”
CFPB CRACKS DOWN ON PAYDAY LENDERS
CFPB targets payday lenders. NYT:“The payday loan industry … could soon be gutted … Under the guidelines from the Consumer Financial Protection Bureau … lenders will be required in many cases to verify their customers’ income and to confirm that they can afford to repay the money they borrow. The number of times that people could roll over their loans into newer and pricier ones would be curtailed. The new guidelines do not need congressional or other approval to take effect, which could happen as soon as next year.”
Rep. Debbie Wasserman Schultz pushes for delay. Politico:“The debate has spawned bipartisan legislation backed by Wasserman Schultz to delay the new rules for two years, a move that she says would give states time to adopt stricter laws. That stance has drawn attack ads by opponents of the industry … The legislation also invited a sharp rebuke from [Sen. Elizabeth] Warren…”
People’s Action’s Liz Ryan Murray says “this fight has just begun”:“The CFPB’s announcement launches a 90-day public comment period on the rules. Join the 600 families who’ve shared their personal stories and the more than 59,000 people who’ve taken action so far. Tell the CFPB to stop the debt trap once and for all.”
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