After initially threatening to veto the bill if passed, today President Bush reversed course and signed the 21st Century GI Bill into law.

This legislation proposed by Democratic Senator Jim Webb (VA) and Democratic Representative Harry Mitchell (AZ-5) significantly improves the educational benefits our veterans get when they return from service overseas.

This is another major victory for Democrats on college affordability this year. The College Cost Reduction and Access Act of 2007 goes into affect tomorrow, significantly slashing interest rates for student borrowers.