He's been exceptionally good at being stupid his entire career. Rush was absolutely right when he said that Biden was "The dumbest man in the United States Senate".
Posted on 08/26/2022 7:22:35 AM PDT by ChicagoConservative27
White House aides repeatedly refuse to address the cost of President Joe Biden’s decision on Wednesday to cancel up to $20,000 in student debt.
“I can’t give you that off the top of my head,” White House director of domestic policy Susan Rice said Wednesday during the daily briefing when asked whether the administration had estimated the cost of the president’s decision.
She repeated the cost of the program would not be fully known until the federal government knew how many people would take advantage of it.
The president spent several months stalling a decision on canceling student debt, telling reporters he was waiting for further analysis about the impacts of the decision.
But after the decision was announced, his aides pretended they had no estimate of how much it would cost the American people
(Excerpt) Read more at breitbart.com ...
Which is why they haven't set up the application process or the computer programming for this, it's a ruse simply for politics.
This was the money that was supposed to be used for deficit savings from the Inflation Reduction Act bill. That didn’t last long.
Not just Biden.
The White House Press Secretary is exceptionally good at showing that she is actually dumb. Stupid in fact.
Lol. Most getting the debt relief never finished their degrees. That had a few years of partying and left school failing out.
That’s pretty cool. The saving grace is our assets are huge. Worse comes to worse, we just start selling crap. That’s what real people do anyway with garage sales and other methods. I actually thought we were pretty bad off.
Trust me, they aren’t playing.
A lawsuit will happen. But this won’t begin until after midterms when lawsuits can begin. Democrats are evil but know how to get voters. They’ll be pissed when a judge stops this but the anger will be on the judge and not the president. Very clever.
Joe Biden will tell you that congress did back in 2003 with the HEROES Act.
Of course, it was only supposed to provide relief on student loans for those who enlisted in the military after 9/11 but I guess there's some fine print in there that allows it to apply to everyone during a national emergency (Covid being today's national emergency).
I wish my recruiter told me about this act. I enlisted in 2003 and, like a chump, paid back all of my student loans.
He's been exceptionally good at being stupid his entire career. Rush was absolutely right when he said that Biden was "The dumbest man in the United States Senate".
Its not playing...
how so?
it is essentially free college
The Usurper in Chief and his administration continue to grab power by executive orders and what do we hear from Republicans? ...zzzzzzzzzzzzzzzz .. just like they did when Osama Obama said when Congress wouldn’t give into his demands ... I have a pen and a phone ...
they dont care about the court decision
this was vote buying
the election will be a distant memory by the time a court rules
Maybe I should have told the kids to take out 10K-20K of college debt. Like a fool I paid their way outright (all at the UC schools).
That was YESTERDAY. It means nothing TODAY. Haven’t “COVID” and the media taught you anything?!
stupid or lying?
dont let them play stupid
It probably won’t cost anything. Democrats playing politics for votes. When the elections are over, and all the freeloaders have voted for democrats, the democrats won’t pay up. And as usual, it’ll end up costing the freeloaders more, which the democrats will blame on Republicans.
I think the 10k is not the lede. The real hidden debt relief is in the following:
Cutting monthly payments in half for undergraduate loans. The Department of Education is proposing a new income-driven repayment plan that protects more low-income borrowers from making any payments and caps monthly payments for undergraduate loans at 5% of a borrower’s discretionary income—half of the rate that borrowers must pay now under most existing plans. This means that the average annual student loan payment will be lowered by more than $1,000 for both current and future borrowers.
I also think that congress did delegate a lot of authority that probably gave the executive branch the authority to make repayment changes.
This isn’t dumb. This is intentional. Period.
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