Posted on 04/08/2024 9:22:08 AM PDT by ChicagoConservative27
President Joe Biden will announce Monday that student debt held by ten million Americans will transfer to taxpayers, White House officials told reporters Monday.
The plan to convey student loan debt to taxpayers is widely seen as a political move to gain electoral traction among young voters, who largely do not approve of Biden’s leadership.
Taxpayers can expect to absorb about $5,000 for each of the ten million students, according to the plan Biden is set to tout in Wisconsin. Overall, Biden intends to cut the amount that 23 million students owe on their loans, placing the burden on taxpayers to shoulder the burden of the entire loan amount for more than four million Americans.
(Excerpt) Read more at breitbart.com ...
I always prided myself in being unbiased and unemotional about the news.
Damn it’s hard not being emotional when I have to repay emergency funds & interest from an arson anarchists wildfire that destroyed my community and everything I ever had. At the same time ECOTERRORISM is destroying my family’s home in California with the dam breaching.
I paid my family student loans, even a nephew for$12,000! Pay yours!
Biden defied the USSC and made student loan forgiveness a top priority among the voting bloc that elected him by large margins in 2020, now they might just abandon him, anyway over the genocide issue in Israel. Abortion is said to help bring back some of the younger women.
As for abortion, President Trump got it right......
<><>The USSC itself ruled via Dobbs
<><>the Constitution doesn’t give rights to the federal govt to intervene in the decision;
<><>that’s already been left to the states.
“”among the voting bloc that elected him by large margins in 2020””
STOP: biden was not elected, he was deep state selected, #STOLEN
FJB
You are so right.
Vote buying.
I want a new car
Are you an illegal? You can have one if you just walk across the border.
The only way the #ing Rats can get votes — well, this way and the illegals
WE ARE NOT A SMALL NUMBER
The only thing I want from this chomo is to be left the hell alone and reverse all the crap that has destroyed my once thriving voting.
Congress doesn’t work for us, or haven’t you noticed?
You think we got to $200,000,000,000,000 in debt and liabilities because they care about the American people?
The Court only halted the newly enacted authority for loan forgiveness in general. The special loan forgiveness programs for public safety, public service, and military personnel have been on the books for years now. That’s what Biden is using to get around the earlier court blockage.
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