Nonpartisan Cook Report Predicts GOP House Takeover

The nonpartisan Cook report is now predicting a GOP House takeover. This comes on the heel of horrible polling numbers on the Generic Congressional Ballot for Democrats.

Cook Political Report: "For the first time, our internal race-by-race model estimates a GOP gain of over 40 seats. We are revising our House forecast to a Republican gain of at least 40 seats, the minimum to give them majority status, and very possibly substantially more...

Liberals are still in denial. Here are some comments from Political Wire.

Wynstone
I say NO! They will not take the house. If they do, I will post a congratulatory message to the republicans on this board, but I'm still thinking the GOP gain will be 25-30.

simonsaysvoteagain
I agree... I think GOTV campaigns are being underestimated. I think this election cycle is going to reinforce the notion that all politics is local. I'd think otherwise if the Democratic run on special elections during the height of the healthcare debate wasn't so blatantly successful.

shawsr
Still not buying it Charlie. What will you say on November 3rd when the Democrats maintain the House and Senate? Huh?

FerdtheMoonCat
Nothing to see here, move along. Cook's just trying to sell subscriptions and scare people. Rest easy.

Great News! Student Loan Takeover will Add $52 Billion to Deficit

According to the CBO, when all costs are considered, the government takeover of the student loan program will cost taxpayers $52 billion. Someone please explain to me why Democrats did this?

(CNSNews.com) -- The student loan overhaul legislation signed into law by President Barack Obama on Tuesday could add $52 billion to the deficit between 2010 and 2020 when the cost of the market risks and administrative expenses of the loans are taken into consideration, the non-partisan Congressional Budget Office (CBO) reported.

Democrats Try to Sweeten Obamacare by Taking Over Student Loans

Nancy Pelosi has tried to 'sweeten the deal' for Democrats undecided on health care reform. She has added a takeover of the student loan program.

...President Barack Obama's health care bill, sweetened suddenly by fresh billions for student aid and a sense that breakthroughs are at hand....

"Well of course it's a very bad idea," said Senate Republican leader Mitch McConnell of Kentucky. "We now have the government running banks, insurance companies, car companies, and they do want to take over the student loan business.""

How does this 'sweeten the deal?' Thirty-four (34) Democrats who voted against the health care bill voted for the takeover of student loans. The student loan bill is stalled in the Senate because it needs 60 votes. Under reconciliation rules, Democrats can pass it as part of Obamacare with 50 votes plus Joe Biden.

The student loan bill comfortably passed the House with 253 votes, including those from 34 Democrats who voted against the health care bill. Thus, House Speaker Nancy Pelosi may be thinking that if she can induce some of those Democrats into supporting a health care bill by attaching it to something they like, it may be able to make up for whatever defections she'll have within her caucus due to abortion or other concerns.