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The clock is ticking for the CLASS Act to become operational in 2013. The Act took a blow during the national debt debate late July when the Gang of Six recommended its repeal.

Now, the fate of the CLASS Act is in the hands of the “Super Committee,” a group of 12 lawmakers created to propose more than one trillion dollars in federal spending cuts. Although the newly created committee may have the motivation and means to stop the clock before the starting bell actually goes off, it’s unlikely that will happen.

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