Conservatives Throw A Fit Over Biden's Student Debt Forgiveness Plan
2 years, 3 months ago

Conservatives Throw A Fit Over Biden's Student Debt Forgiveness Plan

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LOADING ERROR LOADING President Joe Biden’s announcement Wednesday that the U.S. Department of Education would cancel $10,000 to $20,000 in student debt for millions of people was good news to many who took out federal loans to go to school. Biden's student loan forgiveness plan may win Democrats some votes, but it fuels inflation, foots taxpayers with other people’s financial obligations, is unfair to those who paid their own way & creates irresponsible expectations. — Senator Mitt Romney August 24, 2022 Senate Minority Leader Mitch McConnell, who orchestrated a tax reform package in 2017 that reserved its biggest benefits for the ultra-rich, called the plan “a wildly unfair redistribution of wealth toward higher-earning people.” Sen. Josh Hawley, who used his position in Congress to egg on rioters wishing to overturn the results of the 2020 election in favor of former President Donald Trump, said Biden was “abusing his power.” Rep. Jim Jordan, who reportedly attended college on a wrestling scholarship, said Biden was forgetting about “Real America,” which apparently does not include anyone who works in a profession involving a degree. Observers on Twitter were quick to point out another shade of hypocrisy in the right’s reaction to the student debt forgiveness plan: the complaints from conservative business owners whose loans from the federal government were forgiven during the pandemic. Rep. Marjorie Taylor Greene, for example, called the debt forgiveness plan “completely unfair” despite the fact that her family’s construction company received $183,504 in loans two years ago as part of the Paycheck Protection Program, which did not have to be paid back.

History of this topic

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4 days, 3 hours ago
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2 months ago
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2 months, 4 weeks ago
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3 months, 2 weeks ago
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3 months, 3 weeks ago
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3 months, 3 weeks ago
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5 months, 3 weeks ago
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54 years, 11 months ago
Federal judges temporarily halt much of President Biden’s student debt forgiveness plan
5 months, 4 weeks ago
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6 months, 1 week ago
Biden administration cancelling student loans for another 160,000 borrowers
7 months ago
Biden administration canceling student loans for another 160,000 borrowers
7 months ago
Biden administration canceling student loans for another 160,000 borrowers
7 months ago
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7 months, 3 weeks ago
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8 months ago
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