resident-elect Joe Biden admitted he’s already having second thoughts about cancelling a portion of student debt through executive action when he gets to office.I’m going to get in trouble for saying this . . . for example, it’s arguable that the president may have the executive power to forgive up to $50,000 in student debt,” BidenThat didn’t take long, did it?and referenced existing legislation that would eliminate $10,000 of it.
“den said shortly after the electionexecutive action to eliminate debtSenate Minority Leader Chuck Schumer said that Democratic leadership in Congress had “come to the conclusion” that it was entirely possibly for Biden to forgive. “It’s not exactly clear why Biden is convinced this would be an overstep of the office.
How about you let him get sworn in first.
I knew he was going to walk it back, but I thought he’d wait for the republicans to ask him to.
That’s fine bc I’m not so sure I’m going to vote for him or any Dem in 2024 so 💅🏼
the entitlement is amazing. Adults choose student loans, just like adults choose mortgages, car loans, etc. There was not a gun at anyone’s head. So student loans need to be forgiven, while all the other adults are paying off hundreds of 1000s of $s of debt. I just don’t get it.
Like all politicians they’ll make promises to get your vote then they’ll rarely deliver!
I fucking hate it here
sooperrecords imshockedshockedwellnotthatshocked.gif
What is the point of people being in so much debt in the states? Student loans, hospital bills, it never ends? Clearly the govt needs to at least get rid of interest payments and provide repayment assistance. But for some reason they’re just determined to keep people down.
Banks and Credit card companies corporate offices are where? Oh right Delaware.
D'oh!