Canon Shooter
Diamond Member
- Jan 7, 2020
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I found this on another forum and believe it's something which should be discussed.
It really is pretty clear that Biden doesn't really give a shit about homeless Veterans:
'President Joe Biden’s student loan cancellation plan will cost an estimated $400 billion, according to the Congressional Budget Office.
Biden last month announced a plan to forgive $10,000 in federal student loans for borrowers who earn less than $125,000 a year, or have a household income of under $250,000 if filing jointly. Low-income Pell Grant borrowers are eligible for an additional $10,000 cut.
In addition to the costs to forgive that debt, the CBO estimated the cost of Biden’s pause on student loan payments from September through December 2022 will total $20 billion.
The CBO is a nonpartisan agency that calculates the costs of federal revenue and spending plans for Congress. Its latest analysis does not include the cost of adjustments to income-driven repayment plans. Biden’s executive order lowered the cap a borrower would have to pay on their student loans to 5% of their income, down from 10%. The Committee for a Responsible Federal Budget, a think tank opposed to Biden’s student loan plan, has estimated the change will cost an additional $120 billion.'
https://www.cnbc.com/2022/09/26/bide...fice-says.html
Now, on average, people with college degrees tend to make more money than those who don't have a degree. What sense is there, then, in giving these people money to pay off their loans when they need it least?
The administration does nothing to address homelessness among Veterans, though. Think about all the good which could be done for our heroes with the money which is being given to people who don't actually need it.
This administration needs to come forth with a proposal to address homelessness in America, specifically with regards to Veterans, if they have any prayer at all of being re-elected.
Biden is an embarrassment...
It really is pretty clear that Biden doesn't really give a shit about homeless Veterans:
'President Joe Biden’s student loan cancellation plan will cost an estimated $400 billion, according to the Congressional Budget Office.
Biden last month announced a plan to forgive $10,000 in federal student loans for borrowers who earn less than $125,000 a year, or have a household income of under $250,000 if filing jointly. Low-income Pell Grant borrowers are eligible for an additional $10,000 cut.
In addition to the costs to forgive that debt, the CBO estimated the cost of Biden’s pause on student loan payments from September through December 2022 will total $20 billion.
The CBO is a nonpartisan agency that calculates the costs of federal revenue and spending plans for Congress. Its latest analysis does not include the cost of adjustments to income-driven repayment plans. Biden’s executive order lowered the cap a borrower would have to pay on their student loans to 5% of their income, down from 10%. The Committee for a Responsible Federal Budget, a think tank opposed to Biden’s student loan plan, has estimated the change will cost an additional $120 billion.'
https://www.cnbc.com/2022/09/26/bide...fice-says.html
Now, on average, people with college degrees tend to make more money than those who don't have a degree. What sense is there, then, in giving these people money to pay off their loans when they need it least?
The administration does nothing to address homelessness among Veterans, though. Think about all the good which could be done for our heroes with the money which is being given to people who don't actually need it.
This administration needs to come forth with a proposal to address homelessness in America, specifically with regards to Veterans, if they have any prayer at all of being re-elected.
Biden is an embarrassment...
