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Update on new G.I. Bill

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Soldiers who served in Iraq and Afghanistan are one step closer to having their college education funded by the government. The senate voted yesterday on the 2008 Supplemental Appropriations Act -- informally known as the new G.I. Bill. It passed with flying colors -- 92 votes to six. Both North Carolina Senators Dole and Burr voted yes. The bill allocates $50 billion over the next 10 years to cover a soldier's entire tuition cost at any state university. If it gets the presidents signature, the bill becomes law.

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It won't last

It will only last until the first budget crunch. Remember the VN-era GI Bill? One of the first programs to go leaving the GI's high and dry.