By Bryan O'Keefe
As everyone who reads us knows, we had very serious doubts last week about the student loan interest rate reduction proposal that the Democrats in the House passed. Robert Novak has an excellent column this morning that summarizes both some of the policy and politics of the issue. Basically, Novak agrees with us, though I strongly suggest reading his entire piece because it is full of interesting tidbits. Here is his column in full. Enjoy!