WH Refusing To Talk About Tax Increase To Pay For Un-Constitutional Socialist EO To Payoff Now $500 (Not $300) BILLION Student Loan Debt

[easyt65]

Biden gave in to Socialist Leftist Extremists demanding the govt pay off Student Loan Debt, vowing to pay off $300 BILLION through an Un-Constitutional EO.

Immediately after Biden declared he would do so the Socialist Radical Leftists who have hijacked the Democrat Party began to scream how $300 Billion was not enough and demanded MORE!

This morning, just days later, it is being reported that Biden has INCREASED the amount to $500 BILLION.

After Biden Imposed the $300 BILLION EO Democrats demonstrated they had not thought this Socialist Leftist Extremist plan through, both by: ignorantly claiming:

1. Ignorantly claiming the American people would not pay for any of the $300 Billion because the GOVERNMENT would.
- This showed the Democrats have no idea how the govt works, that the government does not make any money or have any money they don't either take from American tax payers or simply print.

2. The WH Spokesperson dodging questions from the media about where Biden would get the $300 Billion.

It will obviously have to come from TAX REVENUE, paid by American Tax Dollars. That is, after all, where the federal government gets its money.


Now, almost as while we slept, Biden has made the decision to Un-Constitutionally seize $200 BILLION MORE from tax payers and to avoid talking about THAT and how he will have to raise taxes ... again ... to pay for it.

White House silent on whether tax increases are necessary to pay for $300,000,000,000 student loan handout

The White House is silent on how President Biden's decision to cancel between $10,000 and $20,000 in student debt for some Americans will be paid for in the long run.

www.foxnews.com

 

[Rambunctious]

Its at least 500 billion... and we don't have it we have to borrow it... another 5 years of inflation and recession to save $10,000 for some students that can afford their loans?....
Its the stupidest thing Joe has done....

 

[Polishprince]

This will cost the taxpayers 10 times the $300 Billion price tax quoted.

What's not being counted at all is the effect that this massive giveaway to Deadbeats will have on future students.

Future kids will become less price sensitive to college tuition costs as they will figure they can borrow and not pay it back.

As a result, the schools will raise prices to take advantage of this. And since college costs will be accelerating, loan limits will increase as well.

 

[ZZ PUPPS]

It's the RaTz way - punish responsibility and reward irresponsibility.

 

[easyt65]

Biden and Democrats have shown having no problem Un-Constitutionslly raiding tax revenue to pay for the expenses associated with their violations of Constitution and Law.

Case in point, while violating the Constitution, the Rule of Law, and while endangering National Security, Biden and Democrats are seizing / using American Tax Dollars to fund their open border illegal immigration agenda
- food, medical, housing, illegal transportation all over the US to dump them - burdening further local / state tax payers, etc...
- The govt has also begun to Un-Constitutionally, illegally, order private citizens to house illegals in any / all luxury hotels that have available rooms...putting illegals ahead of and doing what they will not do for homeless US citizens.



Whatever Democrats need, however much tax dollars they need to pay for their Un-Constitutional, illegal, self-serving agendas they don't hesitate to take while lying, conning, or just refusing to say anything.

Case in point, Democrats and their surrogate left wing media pushed the 'Inflation Reduction' Bill that almost every expert warned would NOT reduce Inflation. The proof was in the bill itself, which snowflakes did not bother to read. They just listened and believed what Democrats and the fake news media told them.

Immediately after the bill passed NBC, CNN, & MSNBC all admitted the words 'Inflation Reduction' other bill were nothing but a 'MARKETING TOOL' (A LIE) to con dupes and blindly-following snowflakes into supporting the bill.
- It appears the Democrat faithful will never learn.

 

[1srelluc]

How heavy a lift would it be for a gop administration to get us out of the college loan business altogether?

Let the banks or the schools themselves take the risk and see how much they are willing to loan for a degree in gender studies as opposed to a more marketable degree.

 

[Meister]

I'm sure that this will be ending up in court, and hopefully to the SC.
We don't have a king

 

[easyt65]

I think Biden and Democrats should appease Leftist Extremists while simultaneously attempting to buy my vote by next paying off my credit card debt and my mortgage. I'm not getting anything from the student loan payoff thing, so we should move on to paying off some of the debt I DO have.

 

[ZZ PUPPS]

I think Biden and Democrats should appease Leftist Extremists while simultaneously attempting to buy my vote by next paying off my credit card debt and my mortgage. I'm not getting anything from the student loan payoff thing, so we should move on to paying off some of the debt I DO have.

View attachment 687327

Pupps would be happy with a 10K gift card fer beer n likker.

 

[easyt65]

Pupps would be happy with a 10K gift card fer beer n likker.

'Pupps'? Is that your nickname for illegal? They get far more than that from Democrats, paid for by you ad other tax payers.

 

[Concerned American]

Biden gave in to Socialist Leftist Extremists demanding the govt pay off Student Loan Debt, vowing to pay off $300 BILLION through an Un-Constitutional EO.

Immediately after Biden declared he would do so the Socialist Radical Leftists who have hijacked the Democrat Party began to scream how $300 Billion was not enough and demanded MORE!

This morning, just days later, it is being reported that Biden has INCREASED the amount to $500 BILLION.

After Biden Imposed the $300 BILLION EO Democrats demonstrated they had not thought this Socialist Leftist Extremist plan through, both by: ignorantly claiming:

1. Ignorantly claiming the American people would not pay for any of the $300 Billion because the GOVERNMENT would.
- This showed the Democrats have no idea how the govt works, that the government does not make any money or have any money they don't either take from American tax payers or simply print.

2. The WH Spokesperson dodging questions from the media about where Biden would get the $300 Billion.

It will obviously have to come from TAX REVENUE, paid by American Tax Dollars. That is, after all, where the federal government gets its money.


Now, almost as while we slept, Biden has made the decision to Un-Constitutionally seize $200 BILLION MORE from tax payers and to avoid talking about THAT and how he will have to raise taxes ... again ... to pay for it.

White House silent on whether tax increases are necessary to pay for $300,000,000,000 student loan handout

The White House is silent on how President Biden's decision to cancel between $10,000 and $20,000 in student debt for some Americans will be paid for in the long run.

www.foxnews.com

Many of the deadbeats who are benefiting from this giveaway haven't paid a dime on the debt for years. There is no incentive to pay it back--no interest is being charged. They are making good wages and just waiting for the government to pay their bills for them. SMH.