"hailed by supporters"

Well I guess they would have to pat themselves on the back but what about the 60 % that do not support it?

Having some proof that the statement is valid is proof that the statement is valid.

Not having proof is not proof.

Would you care to name an inaccurate pasting from a bizzare source?

Were the Pell grants cut in half or not? I could be wrong but from what I can find:

The administration is caught in a funding bind in large part because it made a miscalculation when it raised the ceiling for Pell grants to $5,300 from $4,800 last year as part of the stimulus bill. Combined with a surge in new Pell grant recipients, the higher ceiling has sharply driven up costs for the program, which has run a $19 billion deficit since 2008. An administration official said that about 800,000 more students than predicted have received Pell grants since last fall.

The administration now says it will have to lower the Pell grant ceiling for the 2011 academic year to $2,150, if the lending overhaul fails to pass.

The administration has argued the government stood to save $87 billion over the next 10 years by removing middleman lenders from the government-backed student-loan program. That money would then be used to ramp up Pell grants for poor students and to fund an array of other educational programs.