Posted on 07/14/2023 11:34:32 AM PDT by MinorityRepublican
President Joe Biden will forgive $39 billion in student debt for 804,000 Americans - two weeks after the Supreme Court struck down his $430 billion relief plan because it was unconstitutional.
The president has continued his push to wipe billions in student debt, despite anger from taxpayers and Americans who have never been to college.
The landmark Supreme Court decision dealt his plan a huge blow, but the White House has vowed to plow ahead to get widespread relief.
Critics slammed the 'absurd' announcement and called it a 'slap in the face to taxpayers'.
David Williams, President of the Taxpayers Protection Alliance, told DailyMail.com: 'This new announcement is absurd and is a slap in the face to taxpayers.
'The Biden administration is hell bent on recklessly spending hundreds of billions of taxpayer dollars bailing out wealthy student loan borrowers, even after being rebuked by the country’s highest court.
'More than 80 percent of the country that doesn’t have student loans will be forced to subsidize the small percentage of Americans that do have loans. And, once again, the Biden administration is circumventing Congress.
(Excerpt) Read more at dailymail.co.uk ...
Jimmy Carter can die now, knowing he’s not the worst President ever.
Yes it is. Those youngsters who thought they were gonna be included won't be voting for him.
Plus, there's a good chance that someone who's been faithfully paying their loan is probably conservative. Ha.
Since all the physical means of enforcement are in the executive branch, they can do whatever they want.
yep, theft.
They got the education and now don’t want to pay for it.
the 2nd the government took over all student loans, I knew this would happen. The same way as when the federal government took over airport security.
Still illegal.
Bet the money is going to people of color
You are not authorized to jump over the fence.
Respecting the law:
You do not cross over to the other side of the fence.
The progressive:
- burrows under the fence
- flies over the fence
- builds a ramp over the fence
- tears down the fence
- sets a deception: bonfire, points to that, jumps anyway
That’s around $48k apiece.
We scripted and saved for 30 years to put all 3 kids through college. No vacations, eating out, ordering food, new vehicles, etc..... Tuition and expenses cost X. We paid X.
And he doesn’t care about how much this will cost us all.
He’s gotten his so who cares about the rest.
It was illegal when Andrew Jackson did it. But it didn't stop him.
Biden isn’t spending hundreds of billions. he’s BUYING votes from the indoctrinated. and WHAT, exactly will the slighted taxpayers do about it? they will vote for dummy and cackles again because they aren’t TRUMP. meet the new boss, not the same as the old boss. “the people get what the people vote for. then they suffer the consequences”.
Through ongoing rulings that favor Conservative/Constitutional ideals
This is a legal tweak of an existing program Obama put in place called public service loan forgiveness. Nothing new.
After 10 years of making payments and 10 years of working for a nonprofit or govt organization, the remaining balance is written off.
Congress approved this years ago. What Biden did is just expand it a bit (allowing $0 payments during the pandemic to “count” as a payment) and crow about it. This has nothing to do with his illegal “debt relief” which was $10-20k off with no congressional consent.
If we pay; it’s got to be in the budget; right?
I do believe this house of cards collapse is quite imminent.
Looking forward to Revelation 3:10 early promotion and upgrade =)
I want to know is this deal retroactive? My wife and I had student loans back in the 80’s. We paid them off. Does this mean my wife and I are going to get checks from Joe? I doubt it. You borrowed the money, pay it back!
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