Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

White House Plays Dumb on Estimated $500 Billion Cost of Canceling Student Debt
Breitbart ^ | 08/26/2022 | CHARLIE SPIERING

Posted on 08/26/2022 7:22:35 AM PDT by ChicagoConservative27

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 next last
Comment #21 Removed by Moderator

To: V_TWIN
The more I hear about this the more I don’t think it’s gonna fly. It goes to court and gets shot down.

Which is why they haven't set up the application process or the computer programming for this, it's a ruse simply for politics.

22 posted on 08/26/2022 7:36:26 AM PDT by 1Old Pro
[ Post Reply | Private Reply | To 19 | View Replies]

To: ClearCase_guy

This was the money that was supposed to be used for deficit savings from the Inflation Reduction Act bill. That didn’t last long.


23 posted on 08/26/2022 7:36:31 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 democratic )
[ Post Reply | Private Reply | To 3 | View Replies]

To: AndyTheBear

Not just Biden.

The White House Press Secretary is exceptionally good at showing that she is actually dumb. Stupid in fact.


24 posted on 08/26/2022 7:37:41 AM PDT by woodbutcher1963
[ Post Reply | Private Reply | To 2 | View Replies]

To: chuckee

Lol. Most getting the debt relief never finished their degrees. That had a few years of partying and left school failing out.


25 posted on 08/26/2022 7:37:49 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 democratic )
[ Post Reply | Private Reply | To 6 | View Replies]

To: Pollard

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.


26 posted on 08/26/2022 7:43:10 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 democratic )
[ Post Reply | Private Reply | To 10 | View Replies]

To: ChicagoConservative27

Trust me, they aren’t playing.


27 posted on 08/26/2022 7:45:08 AM PDT by perfect_rovian_storm
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2banana

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.


28 posted on 08/26/2022 7:45:24 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 democratic )
[ Post Reply | Private Reply | To 11 | View Replies]

To: 2banana
And who gave any president that power?

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.

29 posted on 08/26/2022 7:48:09 AM PDT by Drew68 (Ron DeSantis for President 2024)
[ Post Reply | Private Reply | To 11 | View Replies]

To: AndyTheBear
Playing dumb is one thing Biden excels at.

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".

30 posted on 08/26/2022 7:48:53 AM PDT by COBOL2Java (Gun laws empower criminals. Guns empower the people.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: AndyTheBear
Playing dumb is one thing Biden excels at.

Its not playing...

31 posted on 08/26/2022 7:49:50 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
[ Post Reply | Private Reply | To 2 | View Replies]

To: lurk

how so?

it is essentially free college


32 posted on 08/26/2022 7:55:41 AM PDT by joshua c (to disrupt the system, we must disrupt our lives)
[ Post Reply | Private Reply | To 14 | View Replies]

To: ChicagoConservative27

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 ...


33 posted on 08/26/2022 7:56:34 AM PDT by antidemoncrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: V_TWIN

they dont care about the court decision

this was vote buying

the election will be a distant memory by the time a court rules


34 posted on 08/26/2022 7:59:21 AM PDT by joshua c (to disrupt the system, we must disrupt our lives)
[ Post Reply | Private Reply | To 19 | View Replies]

To: ChicagoConservative27

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).


35 posted on 08/26/2022 8:04:11 AM PDT by buwaya (Strategic imperatives )
[ Post Reply | Private Reply | To 1 | View Replies]

To: V_TWIN
“Didn’t p-lousey even say potatohead doesn’t have the power to do this?
What’s that about?”

That was YESTERDAY. It means nothing TODAY. Haven’t “COVID” and the media taught you anything?!

36 posted on 08/26/2022 8:07:19 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
[ Post Reply | Private Reply | To 19 | View Replies]

To: woodbutcher1963

stupid or lying?

dont let them play stupid


37 posted on 08/26/2022 8:08:16 AM PDT by joshua c (to disrupt the system, we must disrupt our lives)
[ Post Reply | Private Reply | To 24 | View Replies]

To: ChicagoConservative27

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.


38 posted on 08/26/2022 8:12:05 AM PDT by robel
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

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.

https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/24/fact-sheet-president-biden-announces-student-loan-relief-for-borrowers-who-need-it-most/

I also think that congress did delegate a lot of authority that probably gave the executive branch the authority to make repayment changes.


39 posted on 08/26/2022 8:14:56 AM PDT by Raycpa
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

This isn’t dumb. This is intentional. Period.


40 posted on 08/26/2022 8:15:00 AM PDT by RinaseaofDs
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson