After Destroying Your Livelihood With Covid Mandates, Biden Wants You Subsidizing Rich College Grads

The No. 1 priority for the Biden administration is to inflict as much pain and suffering on the American people as possible.

How much more will the American people take?

Who pays? Who benefits? What will it cost? There is a reason they refuse to give straight answers. RNC Research: “Who is paying for this?!”: Karine Jean-Pierre has absolutely no answer for WHO will pay for Biden’s student loan bailout (Twitter). John Cooper: This is hilarious. Susan Rice brags about how canceling all these student loans is supposedly going to benefit millions of Americans, and then “can’t say of the top of my head” how much it will cost because she doesn’t know how many people will take up “the opportunity” (Twitter). Steven Portnoy: Biden is employing a post-9/11 law that allows for debt cancelation “in connection with a war or other military operation or national emergency.” Which emergency? “[T]he present COVID-19 pandemic,” per a Dept of Ed memo issued yesterday (Twitter). It is estimated each taxpayer will be slapped with an extra $2,000 (CNBC).

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Wall Street Journal: This is an inflation expansion act. The reports say Mr. Biden will cancel $10,000 in debt for borrowers making $125,000 or less a year. That would cost about $300 billion this year, and $330 billion over 10 years. That’s far more than the $102 billion the Inflation Reduction Act purportedly reduces the deficit over 10 years starting in 2027 (Wall Street Journal). RNC Research: Biden claims canceling student loans won’t have any “meaningful effect on inflation.” That is FALSE — even former Obama economists say it will make inflation worse (Twitter). Rep. Ashley Hinson: President Biden’s plan to “cancel” student loan debt is a handout to the wealthy and a total slap in the face to working Americans (Twitter). Congressman Dan Meuser: Why pay off your self imposed debt if Biden Democrats can get a hard working American to do it for you? Forgiving self induced student debt is a moral hazard for our country & will enhance inflation. Another out of touch and wasteful policy from Biden-Pelosi-Schumer Democrats (Twitter). Mike Gallagher: You borrow money to buy a car, buy a house, get a college education, you gotta pay it back. And if you don’t pay it back, you are irresponsible. And these filthy dirty Democrats want to reward the irresponsible deadbeats who don’t want to pay back their college tuition bill (Daybreak Daily).

After Destroying Your Livelihood With Covid Mandates, Biden Wants You Subsidizing Rich College Grads

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