I would like to know where this money comes from. How can our president just wave his magic wand and direct this money. Doesn’t Congress have the purse strings and have some checks and balances on this ? Our system is crooked, just damn broke and beyond repair.
It's created, just like the money to pay for all the 99ers, food stamps, housing, student loans, free cell phones, medicaid, etc.
It’s in the Obamacare law Harry and Nancy pushed through congress and Obama signed back in 2010. It’s passage (though not some of it’s content) followed the constitution’s strictures.
The money to pay for this was borrowed on the good credit of the federal government.
Where the money to pay those loans will come from is difficult to see. But that’s no concern yo the recipients, our children and grandchildren will just have to find a way or suffer the consequences- at least they’ll have government death panels to provide relief... One way or another.