Sunday, January 29, 2006
Boehners boner is highlighted
In the Wapo today, we get the details of Rep. Boehners amours de lobby. Until now he was quite discreet with his peccadillos.
Two controversial industries -- for-profit colleges and trade schools, and private student lenders -- have been the major sources of financing for Rep. John A. Boehner's bid to become House majority leader. Boehner has been an outspoken advocate for each interest, and has used his chairmanship to push legislation that would boost profits by millions of dollars....He certainly seems a worthy successor to Toxic Tommy Delay.
....The largest single source of money from the for-profits, $17,500, was given by corporate officers and senior employees of California-based Corinthian Colleges Inc., a for-profit educational firm which disclosed eight weeks ago that the Florida attorney general is investigating a Florida subsidiary.
Boehner has sponsored legislation strongly supported by private student lenders to restrict the ability of the U.S. Department of Education to make government student loans less expensive by cutting fees. Student loans constitute a multibillion-dollar market in which the nonprofit government and for-profit private lenders compete.
During the current congressional session, Boehner's committee endorsed his legislation to allow the for-profit colleges and trade schools to gain millions of dollars in federal subsidies.
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