Bush signs law cutting student lender subsidies
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President George W. Bush signed student loan legislation on Thursday that slashes federal subsidies to lenders such as Sallie Mae, Citigroup, Bank of America and many others.
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LAST WEEK, congressional Republicans proposed legislation to close loopholes in student loan laws that -- as we said on Sept. 10 -- have allowed lending institutions to make extraordinary, unwarranted profits
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CRAWFORD, Texas  - President Bush will sign into  law by Monday a measure authorizing an $800 billion increase in  the credit limit of the United States, the White House said.
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President Bush on Friday signed into law a measure authorizing an &#36;800 billion increase in the credit limit of the United States, the White House said.
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With no fanfare, President Bush on Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses, farmers and other groups.
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New Education Department rules would ban practices that have resulted in loan company payoffs to university officials.
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The Bush administration on Monday proposed cutting subsidies and fees collected by institutions that make college loans, sending sector leader Sallie Mae's  stock price reeling.
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President Bush showered &#36;136 billion in new tax breaks on businesses, farmers and other groups Friday, quietly signing the most sweeping rewrite of corporate tax law in nearly two decades.
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The Bush administration yesterday proposed boosting the nation's main financial aid program for low-income college students by the largest amount in more than three decades, the latest in a flurry of measures this week by Congress and the White House to make higher education more affordable.
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President George W. Bush on  Monday signed into a law a measure aimed at allowing states,  local governments, mutual funds and pension funds to divest  from Sudan businesses, particularly its oil sectors.
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President George W Bush signs off the two-year bipartisan $167bn (Â£86bn) US economic stimulus plan.
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The U.S. Senate voted on Friday to  cut federal subsidies to college student loan firms, such as  Sallie Mae , by $18.3 billion, redirect savings to  student grants and ease some student loan repayment terms.
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The Bush administration said on Wednesday it cannot support a Senate bill that would cut subsidies to college student loan firms and boost student grants, but said it will work with Congress on the issue.
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President Bush's quest to cut or  eliminate as many as 150 federal programs will reduce funding  for state and local homeland security grants, job training and  several education programs, the White House said on Friday.
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President Bush vetoes a bill that would have eased curbs on federal funds for research on stem cells.
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The Senate overwhelmingly approved a wide-ranging overhaul of student loan programs early today that would pay for more than $17 billion in grants and other student aid by slashing subsidies to lending companies.
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President Bush on Thursday signed into law a bill authorizing &#36;82 million in grants aimed at preventing suicide among young people.