in every ten years is to figure out how to best distribute $675 billion in federal funding to communities across the country, and to draw legislative districts. of course, the number of congressional records representatives each state has plays a part in how many electoral votes each state gets. the department of justice wants to include a question about citizenship status. the doj says it needs the data to better enforce the voting rights act and to protect against racial discrimination. but critics say if illegal immigrants here being deported, they might not participate in the census, which would lead to a huge undercount. that would cause california billions in federal funding and possibly one of its 53 heats in the house of representatives, watch our stomach which are largely felled by estimates that california is already very close to losing a congressional seat
says she wants her fans to plant them to spread the light. it is a rapid ride. we are learning that students loan debt has increased astounding 463 percent during the current administration. diane macedo joins us with more on that. the financial services monthly treasury statement shows student loans that stands at $675 billion. that is compared to just under 120 billion in january of 2009 when the president took office and just under 180 billion in july of 2010 when the healthcare education reconciliation act gave the government complete control over federal education loans. since then the balance has increased 277 percent. while 76 percent during president bush s tenure seems minuscule you put them together it is up more than 7 fold over the last decade, heather.
it energized people that don t want obamacare of which there are many. it energizes businesses because businesses aren t going to be businesses for very long, many, many businesses are going to be closed up and guys and women that have run business for years and they re not going to be able to do it anymore. i have friends that say they re going to probably be forced to close up their businesses. so all of a sudden, you have a candidate who is going to do everything he can and will do it much i mean, he will end obamacare. you have all these people energized much more so than they did a week ago. that s good for mitt romney but bad for the country. in meantime, unless you get the house that stays republican and you flip the senate to republicans and then win the presidency, you re not going to repeal obamacare. in the meantime, these 21 new taxes that are in the law, $675 billion and one that should hit home to a lot of people. the 3.8% increase in investment.
two arguments here. there are two taxes. one is the penalty tax for not having insurance. the other one is what steve moore was talking about, $675 billion of new increased tax revenue in the bill. those are two different things. yes, the $675 billion would still be there. born by the middle class. but the bob: why is it born by the middle class? i don t understand. that kimberly: do the math, bob. bob: wait a second. the people who don t buy insurance will get a eric: different one. you are conflating this with the other new new [ overtalk ] greg: you are playing ping-pong with a blow drier st. ball comes back. look, this is what happens when you don t know what is in the bill. pelosi said you have to pass it before you see what is in it. that s what you do with a kidney stone. you don t do it with one-fifth of the economy which is what we re dealing with. bob: if it s a ta, read the bill. greg: why do i have to read 2,000 pages? why didn t your people read
particularly the proponents particularly so they won t mislead their constituents. many of us did, we were astounded by the misrepresentations coming from those who hadn t read it. can i point something out? in the law, aside from the mandate, the penalty or tax, whatever you want to call it. aside from that, in the law, there s some $675 billion of new taxes. taxes. there are no question about what they re called. those are taxes. have you read the law? have you seen the 21 new taxes that are in the law? there are a lot of taxes. the primary tax that was increased was extending the medicare tax to income that was previously untaxed such as dividend income, capital gains and again, other unearned income for people making over $2250,00. that s the lion s share of the new taxing authority under the affordable care act.