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According CBO Biden's Student Debt cancellation will cost taxpayers $400B over 30 years...
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Sep 27, 2022 13:52:21   #
proud republican Loc: RED CALIFORNIA
 
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/

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Sep 27, 2022 13:55:03   #
Bevvy
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


Well , he might have noticed that we are not in enough debt , and wanted to increase that .

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Sep 27, 2022 13:56:03   #
AuntiE Loc: 46th Least Free State
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


My apologies. I just posted a very very similar thread. I failed to look at what was already up.

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Sep 27, 2022 13:58:23   #
proud republican Loc: RED CALIFORNIA
 
AuntiE wrote:
My apologies. I just posted a very very similar thread. I failed to look at what was already up.


No apologies necessary... The more threads like this, the more people will know what kind of idiot we have for a Predident ...

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Sep 27, 2022 13:59:31   #
proud republican Loc: RED CALIFORNIA
 
Bevvy wrote:
Well , he might have noticed that we are not in enough debt , and wanted to increase that .


It would be funny if it wasn't so ridiculous...🙄

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Sep 27, 2022 14:12:53   #
proud republican Loc: RED CALIFORNIA
 
https://www.foxnews.com/politics/first-lawsuit-filed-block-bidens-student-loan-handout

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Sep 27, 2022 14:24:02   #
jimpack123 Loc: wisconsin
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


if they cancel 45's tax cut to the 1% then they should be even lol

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Sep 27, 2022 14:25:01   #
American Vet
 
AuntiE wrote:
My apologies. I just posted a very very similar thread. I failed to look at what was already up.


LOL

You two posted your articles within 2 minutes of each other.......

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Sep 27, 2022 14:34:30   #
proud republican Loc: RED CALIFORNIA
 
jimpack123 wrote:
if they cancel 45's tax cut to the 1% then they should be even lol


It's a damn lie.... I hot more money under President Trump than under this idiot in the White House...

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Sep 27, 2022 14:36:01   #
billlingle
 
Bevvy wrote:
Well , he might have noticed that we are not in enough debt , and wanted to increase that .


The government collects about $70 billion per year in payments toward student debt. The cost to the government is around $0.70 per $100 loaned. The government now holds about 92% of all student loans with a total around $1.75 Trillion. The program has been generating income since 1965. The big question is what the elimination of so much student debt will translate to in increased production, increased spending on things generating taxes for states not to mention housing sales, automobile sales and the development of more families who are living on more than mere subsistence. Eliminating this debt that has been holding millions of educated Americans with high earning potential in limbo is one of the things that Democrats recognize and do something about where repugs say that it costs too much but who have no problem with giving tax breaks to some of the richest people on the planet.

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Sep 27, 2022 14:43:18   #
proud republican Loc: RED CALIFORNIA
 
billlingle wrote:
The government collects about $70 billion per year in payments toward student debt. The cost to the government is around $0.70 per $100 loaned. The government now holds about 92% of all student loans with a total around $1.75 Trillion. The program has been generating income since 1965. The big question is what the elimination of so much student debt will translate to in increased production, increased spending on things generating taxes for states not to mention housing sales, automobile sales and the development of more families who are living on more than mere subsistence. Eliminating this debt that has been holding millions of educated Americans with high earning potential in limbo is one of the things that Democrats recognize and do something about where repugs say that it costs too much but who have no problem with giving tax breaks to some of the richest people on the planet.
The government collects about $70 billion per year... (show quote)


With all due respect you're full of it... Why do I have to pay for someone else's student loan debt, when I paid off my own loan without asking for help... So did my sister who is a lawyer, it took her long time but she paid it of... And my son did not go to college, so why should HE pay for somebody else's responsibility??... Huh??

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Sep 27, 2022 14:50:23   #
Liberty Tree
 
jimpack123 wrote:
if they cancel 45's tax cut to the 1% then they should be even lol


Letting one keep more of their own money is not the same as giving one someone else's money.

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Sep 27, 2022 15:30:06   #
Turtle keeper
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


When the Feds started the incentive of 7 or 8,000 dollars for electric vehicles the Auto industry raised the price of said vehicles by guess what 7 or 8,000 dollars.
Now the idiot in the WH is giving 10 to 20,000 dollars back by reducing student loans. Using just a small so small pinch of common sense even a liberal Democrat can figure out what the schools across the nation will do.
Tuitions just went up by $20,000 dollars. The price of books may double as well. Good Job FJB!

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Sep 27, 2022 15:34:25   #
Wonttakeitanymore
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


I’m going to take off my taxes as charity

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Sep 27, 2022 15:35:40   #
Wonttakeitanymore
 
jimpack123 wrote:
if they cancel 45's tax cut to the 1% then they should be even lol


Where’s the figures for ur blatant bullshit

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