Fox News contributor Karl Rove slams President Biden’s student loan handout plan as a ’sign of desperation’ to win back favor ahead of midterms.
"Student loan ‘forgiveness’ is a massive debt transfer from the working class, including blue collar and minority workers, to disproportionately upper income people," said Kristin Tate, a columnist at The Hill and a fellow at Independent Women's Voice."The Democrats have become desperate ahead of the midterms and realize they cannot run on their track record of failures – this is their last ditch effort to 'buy' the votes of young people.
"Canceling student debt for wealthy families while working families continue to shoulder the burden of their terrible policies is right in line with what has put them in this terrible position in the first place," Shields said. and soaring gas and grocery prices," Shields added."And their response to this pending defeat has been to throw gasoline on the fire with even more spending and higher taxes on working families in the middle of a recession."strategist and former Biden campaign surrogate, insisted the president's decision will have a"minimal" impact on the midterm elections.
Did you use “handout” or “bailout” for the banks/auto/farms/corporations/PPP? Asking for a friend.
printing more dollars here comes again! inflation continues to rise🙄-----no other country every again accepts dollar !! GOLD all the way
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Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: reportPresident Biden's expected announcement to forgive $10,000 in student loans will cost American taxpayers around $300 billion, according to some estimates. Buying them votes ahead of mid-terms again. Kurohig51653942 Such a disgrace!🖕 He better not
Source: FoxNews - 🏆 9. / 87 Read more »
Biden announces mass student loan forgiveness programBREAKING: President Joe Biden has announced a mass student loans forgiveness program. This is discriminatory towards anyone who did not attend college. It’s in keeping with the slacker mentality this generation and progressives have. they’re the same one who endorse “quiet quitting”. Colleges should be on the hook for student debt. Part of the tuition should be for a placement program for the student's first job in their field of study. This should eliminate bogus degrees and make colleges focus on education NOT safe spaces.
Source: dcexaminer - 🏆 6. / 94 Read more »
Student loans: Biden could announce $10,000 student loan forgiveness as soon as WednesdayEligible borrowers would include those with federal Direct Loans, FFELP Loans, Perkins Loans, Parent PLUS Loans and Grad PLUS Loans. Borrowers with private loans would be excluded. Shame. I made way less than that after college and had to pay all mine back. I agreed to the debt, so I was responsible for paying it back. Why? It is a half measure that angers the left for its cowardice but still makes the right rage. If we can bail out Wall Street and forgive PPP loans (averaging over $90,000) we can forgive 100% of student debt. idk if i can even call this a half measure, more like a 1/8 measure. cancel all existing, and hard cap interest rates permanently
Source: aldotcom - 🏆 82. / 68 Read more »
Students split on President Biden's loan forgiveness announcement - KRLD NewsPresident Joe Biden has announced forgiveness for student loan borrowers making up to $125,000 a year. The president announced the plan Wednesday morning. Remember this from April SpeakerPelosi Pelosi: “People think that the President of the United States has the power for debt forgiveness. He does not.”
Source: KRLD - 🏆 75. / 68 Read more »
Biden’s move to cancel student debt would cost more than $300 billion, study says“Simply extending the current repayment pause through the end of the year would cost $20 billion — equivalent to the total deficit reduction from the first six years of the IRA, by our rough estimates.” You're ignoring the benefit of people having more money to pump into the general economy.
Source: WashTimes - 🏆 235. / 63 Read more »
Biden student loan forgiveness: Who’s eligible, what’s the income limit, and how will it work?Daily News | Biden student loan forgiveness: Who’s eligible, what’s the income limit, and how will it work? Inflation ⬆️⬆️⬆️ Keep voting Dem 🤡
Source: PhillyDailyNews - 🏆 89. / 67 Read more »