U.S. Rep. Tammy Duckworth (D-IL,8) was at the University of Illinois at Chicago Wednesday morning to talk with students about higher education and college affordability.
“I can’t think of something more important as an investment to our nation than making sure that we make college affordable, and that we get to a point where students are not starting off life with tremendous amounts of student loan debt,” Duckworth told reporters after the town hall.
The event, sponsored by UIC student organizations and Young Invincibles Action, was supposed to be a candidate forum, but Kirk declined to participate, Duckworth said.
The congresswoman used the event to detail college affordability proposals she is sponsoring in the U.S. House, namely the “In the Red Act.” The proposal would adjust Pell Grants for inflation, allow borrowers to refinance student debt at lower interest rates and provide students with two years of tuition-free community college.
Despite having lost the Democratic presidential nomination, “the Bernie revolution” will continue with the “next phase” launching nationwide Wednesday night.
Some 2,600 watch parties and meetings are set to take place across the country tonight as former Democratic presidential candidate and U.S. Sen. Bernie Sanders (I-VT) addresses thousands of his supporters to “lay out some of the next steps we can take as a movement to empower a wave of progressive candidates this November and win the major upcoming fights for the values we share,” according to Our Revolution President Jeff Weaver, who also served as Sanders’ presidential campaign manager.
A financial transaction tax would help Wall Street work for Main Street, experts at the left-leaning Economic Policy Institute (EPI) argue in a new report.
In light of the Democratic Party endorsing a financial transaction tax in its platform, EPI’s report details how much revenue such a policy could raise, putting the figure anywhere between $110 billion to $403 billion annually.
The tax would impose a small levy on trades of stocks, bonds, derivatives and other financial transactions.
Former Lt. governor and state senatorial candidate Sheila Simon wants state lawmakers to override Gov. Bruce Rauner’s veto of a spending bill that would have funded social services as well as colleges and universities.
After City Colleges of Chicago Chancellor Cheryl Hyman announced plans this week to step down in about a year, the college system’s board of trustees is expected to sign off on her one-year reappointment during its Friday meeting.