More shit coming out of the asshole:
http://talkingpointsmemo.com/...
Republican Tom Cotton said during an Arkansas U.S. Senate debate on Tuesday that "Obamacare nationalized the student loan industry."
The first-term congressman added, "That's right, Obamacare grabbed money to pay for its own programs and took that choice away from you."
The reality is less simple. Obamacare was paired with a bill that made significant changes to the federal student loan program, largely cutting banks out as middle-men between the government and recipients of the loans. The Congressional Budget Office estimated that the changes would save $58 billion over 10 years, about $8.7 billion of which would be used to fund Obamacare programs.
Of the remaining savings, $36 billion would go to higher Pell grants for lower-income college students, $3 billion for historically black and minority-serving colleges and $10.3 billion to reduce the deficit, as noted by the Washington Post's fact-checker. - TPM, 10/14/14
For your own amusement, here are clips of all of Cotton's other ridiculous claims from the debate previous debate courtesy of Senator Mark Pryor's (D. AR) campaign:
Click here if you want to donate and get involved with Pryor's campaign:
https://pryorforsenatesec.ngpvanhost.com/...