Posted on 06/15/2019 11:14:54 AM PDT by david1292
Sen. Elizabeth Warren (D-MA) and Rep. James Clyburn (D-SC) announced on Thursday that they will introduce legislation in the House and Senate that would forgive up to $50,000 of each students college loan debt, which would help about 42 million people, according to a press release posted on Warrens Senate website.
The legislation will significantly lessen the student debt crisis and help tackle the racial wealth gap, the headline of the press release announcing the bills said.
Warren, a member of the U.S. Senate Committee on Health, Education, Labor, and Pensions and Clyburn, House Majority Whip, both claim that the bill, if it becomes law, will help about 95 percent of student borrowers and cancel debt entirely for some 75 percent of borrowers.
The student debt crisis is real and its crushing millions of people especially people of color, Warren said in the announcement. Its time to decide: Are we going to be a country that only helps the rich and powerful get richer and more powerful, or are we going to be a country that invests in its future?
(Excerpt) Read more at breitbart.com ...
Why not give homeowners loan forgiveness
Regarding federal government involvement in INTRAstate schooling except for constitutionally justified militia training purposes, please consider the following.
President Thomas Jefferson had effectively indicated in a State of the Union address that the states would first need to appropriately amend the Constitution in order for Congress to have the specific power to regulate, decide policy, tax and spend in the name of intrastate schooling before Congress could do so, something that the states have never done.
"On a few articles of more general and necessary use, the suppression in due season will doubtless be right, but the great mass of the articles on which impost is paid is foreign luxuries, purchased by those only who are rich enough to afford themselves the use of them. Their patriotism would certainly prefer its continuance and application to the great purposes of the public education, roads, rivers, canals, and such other objects of public improvement as it may be thought proper to add to the constitutional enumeration of federal powers [emphases added]"Thomas Jefferson : Sixth Annual Message to Congress
Justice Joseph Story later reflected on Jeffersons statement when he likewise indicated that the states have never expressly constitutionally given the feds the express power to stick its big nose (my wording) into intrastate schooling.
"The power to regulate manufactures, not having been confided to congress, they have no more right to act upon it, than they have to interfere with the systems of education, the poor laws, or the road laws, of the states [emphases added]. Congress is empowered to lay taxes for revenue, it is true; but there is no power to encourage, protect, or meddle with manufactures." Joseph Story, Article 1, Section 8, Clause 1, Commentaries on the Constitution 2.
In fact, noting that taxing and spending for intrastate schooling purposes is not among Congress constitutional Article I, Section 8-limited powers, state sovereignty-respecting Supreme Court justices later clarified that Congress cannot appropriate taxes for state power issues.
Congress is not empowered to tax for those purposes which are within the exclusive province of the States. Justice John Marshall, Gibbons v. Ogden, 1824.
From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]. United States v. Butler, 1936.
The remedy for unconstitutionally big federal government and unconstitutional federal taxes
The states need to eliminate the unconstitutional middleman, the unconstitutionally big federal government, from "helping" to "manage" state revenues, including revenues used for tuition and other schooling purposes, by putting a stop to unconstitutional federal taxes.
Patriots need to first elect a new patriot Congress in the 2020 elections that will not only promise to support PDJT's vision for MAGA, but will also promise to surrender state powers that the feds have been stealing from the states back to the states.
And to make such changes permanent, patriots also need to support Trump in leading the states to repeal the 16th and ill-conceived 17th Amendments.
Remember in November 2020!
MAGA! Not Democratic MADA (Make America Dead Again).
"The Holy Grail of organized crime is to control government power to tax." me
"The constitutionally undefined political parties are basically rival, corrupt voter unions, union dues paid by means of unconstitutional federal taxes. me
"The smart crooks long ago figured out that getting themselves elected to federal office to make unconstitutional tax laws to fill their pockets is a much easier way to make a living than robbing banks." me
"Federal career lawmakers probably laugh all the way to the bank to deposit bribes for putting loopholes for the rich and corporations in tax appropriations laws, Congress actually not having the express constitutional authority to make most appropriations laws where domestic policy is concerned. Such laws are based on stolen state powers and uniquely associated stolen state revenues." me
They should also give car owners loan forgiveness after all EVERYONE must have a car to get to work!!!! There will be an uproar from citizens that have worked hard to pay off their student loans!!
It’s like when they get elected they think they now have a magic wallet that they can just reach into and haul out wads of cash to spend on their wildest dreams. I sometimes wonder if God will some day make them work to pay back all the money they stole from others to virtue signal.
Screw the banks and taxpayers for the student vote.
Why not give homeowners loan forgiveness
Now that my house is paid off!
How about a refund on the many different taxes I have paid over the last seventy-plus years????
Pretty dumb went and got my MBA 5 years ago, paid off the $70K debt last year
Student loan debt isn’t the problem. The worthlessness of hyphenated studies college degrees is the problem.
Using what for money? We can’t even build a wall.
Exactly. I paid mine off. It took 25 years, but I did it.
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Me, too, but it wasn’t that much (I never tried living on it) and it took less time.
But: at one point, a college loan officer told me:”I will not issue a valid oficial transcript until and unless this loan is in good standing. I am holding years of your life in my hands. Take care of it.”
Now, they can rack up hundreds of thousands, never graduate and still seem to get jobs, probably with unofficial transcripts and a sob story.
This will send millions of voters to the Democrats. Buying votes is easy in America because so many Americans don’t give a shi! about their Country but all the free stuff they can get. And add the illegal voters and we can be in trouble.
True...I’m going to ask that when I interviewed prospective employees. If they can steal from taxpayers, they might from me...
College is becoming worthless... ConservaTeen knows more about running a business than today’s college student who is in Business Administration...
This will send millions of voters to the Democrats. Buying votes is easy in America...
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Democrats can propose all the bills they want. They need Republicans in the House, the Senate and the POTUS.
Somehow, they think hurling insults and ginning up accusations and subpoenas is going to get them good will and cooperation. I think they don’t want to pass these bills, they just want talking points about the GOP meanies.
The gimmedats will need to sweep both chambers and the WH. Good luck with that.
I did the tech college thing off and on. Never had a student loan in my life.
Tech college, at least here in SC, has gotten very pricey.
A former co-irker apparently had a student loan he hadn’t paid on in a couple of years.
He got back on track maybe. He also left a good paying job for a better one.
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