Buying Votes: Biden Transfers Repayment of $1.2 BILLION in Woke Student Loan Debt To American Taxpayer (You and Me)

The Supreme Court ruled against Biden’s student loan bail out last June. Biden is defying the Supreme Court. As David Asman points out, “The Supremes were clear that this kind of unilateral, $100 billion+ spending is NOT constitutional.He’s not king.”

Student debt is not ‘canceling’ debt. That’s Democrat media-speak for robbing you blind.

The Democrats are transferring the debt of the anti-American woke ‘educated’ to hardworking American victims of the Democrat autocracy.

Despite SCOTUS Ruling, Biden Regime Forgives Another $4.8 Billion in Student Debt Bringing Total that Taxpayer Burden to $132 Billion.

How much longer will Pres Biden be allowed to defy the Supreme Court on his student loan forgiveness? The Supremes were clear that this kind of unilateral, $100 billion+ spending is NOT constitutional. He’s not king. Which state will challenge him…again! pic.twitter.com/2wJblohw7u

— David Asman (@DavidAsmanfox) February 21, 2024

The Democrats are transferring debt for of the anti-American woke ‘educated’ to hardworking American victims of the Democrat autocracy.

There is no “forgiveness”, there is only moving that debt onto you and me.

James on 🎯

Who thinks those damn students should pay back their own loans? 🙋‍♂️

And how does Biden get to ignore the SCOTUS? 🤯 pic.twitter.com/BYtE2LB3Iv

— 👉M-Û-R-Č-H👈 (@TheEXECUTlONER_) February 23, 2024

Joe Biden didn’t “cancel” student debt.

He transferred debt from people he wants to bribe to vote for him…

Joe Biden didn’t “cancel” student debt.

He transferred debt from people he wants to bribe to vote for him…

And is now forcing people without debt (or people who paid off their debt) to pay other people’s debt.

It’s despicable.

All in an effort to buy votes.

— Liz Wheeler (@Liz_Wheeler) February 22, 2024

‘Desperate’ for Votes: Biden Expands Student Loan Forgiveness by $1.2 Billion

By Dan Hart, Washington Stand, February 22, 2024:

On Wednesday, President Joe Biden announced a new round of federal student loan debt forgiveness, in which almost 153,000 borrowers will have their loans forgiven at a cost of $1.2 billion to American taxpayers under what the White House has termed the SAVE program. Since Biden took office, he has now canceled over $131 billion of student loan debt. Experts say the policy, which will further deepen the over $34 trillion national debt, is a “desperate” attempt to garner the votes of young college students.

In a social media post on Wednesday, Biden indicated that his administration’s effort to cancel student loan debt is far from over, stating that “we’re pushing to relieve more.” As Penn Wharton estimated last July, the SAVE program is projected to cost “$475 billion over the 10-year budget window.”

The administration’s latest announcement is further proof that Biden is undeterred by the Supreme Court’s decision last June which struck down the administration’s plan to cancel up to $400 billion in student loans held by as many as 43 million people, finding that the HEROS Act of 2003 did not give the Secretary of Education the authority to forgive student loans, as the administration tried to claim. Following the decision, Biden stated, “I will stop at nothing to find other ways” to cancel student loans. Last week, Biden further boasted of ignoring the nation’s highest court regarding student loan forgiveness. “The Supreme Court blocked it,” he said. “But that didn’t stop me.”

Legal experts say that Biden’s latest loan cancellation is unconstitutional. “Despite the Supreme Court clearly saying that under our constitution the president cannot rewrite our nation’s laws, President Biden continues to do just that,” Karen Harned, executive director of the Center for Constitutional Responsibility, told National Review. “With this latest Executive Order forgiving over $1 billion in student loans, the President is once again breaking the law in a transparent attempt to garner votes.”

Observers are also noting that Biden’s policy clearly favors college graduates — one of the most privileged classes of Americans — over those who are less fortunate. “Per the Pew Research Center, there exists ‘a growing earnings gap between young college graduates and their counterparts without degrees,’ and that gap only ‘widened as a result of the coronavirus pandemic,’” wrote the editors at NRO on Thursday. “College graduates have better employment prospects, better health outcomes, and lower divorce rates than everyone else. Despite this, the federal government chose to spend around a quarter of a trillion dollars during the pandemic on an unnecessary pause in student-loan repayments. Now it wants to double that number with an amnesty?”

NRO’s Charles Cooke further pointed out that Biden’s student loan policy does not address the underlying issues that have caused Americans to amass billions in student loan debt. “This isn’t alms for the poor; it’s a brazen cash-grab by Joe Biden’s friends. … There’s no principle here; the debts owed by others remain untouched. There’s no reform here; the education system remains exactly as it was before this started.”

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From a Remote Location

2 months ago

This is exactly why the 26th Amendment NEEDS to be REPEALED and ABOLISHED – and FAST. It has to be part of ANY election reform package. Because on top of their indoctrination and radicalization, these youth, by such vote-buying, will know exactly which side their bread was buttered on – and like other monolithic voting blocs for the party, vote accordingly. We are continuing to pay a very fearful and possibly fatal price for giving 18-year-olds the vote back in 1971. It should be raised to between 30 and 35. This younger generation is absolutely hopeless, a total lost cause.

5

Staff Sgt

2 months ago

Such a lost corrupted cause!!!!! Taking our money and distributing in wrongful ways again and again, along with all the other corrupted things the Democrats have done and is still doing is grounds for rebellion, an uprising, impeachment, treason……….,WAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

11

Stephen Honig

2 months ago

Remember the old saying: The rich get richer and the poor get poorer. It should be changed to: The middle class get poorer and the low class (illegals) get richer.

7

ROY TREPANIER

2 months ago

It’s just another way to destroy the American economy by sapending it into oblivion. Ukraine…$100 Billion ? Ilegal aliens…Free cell phones…Free credit cards…Free transport anywhere in US…Free flights from different nations….Free health cards….$1 Trillion plus….The list is endless.
This is FUNDAMENTALLY TRANSFORMING AMERICA, from a prosperous. healthy FREE nation to a COMMUNIST CONTROLLED THIRD WORLD COUNTRY that is just about to be totally destroyed…civil war…nuclear war…EMP strike…all the above. We are there folks. Where ? At the very end of God’s 6,000 year plan for mankind. 6,000 years and we haven’t learned a thing. GOD destroyed Sodom and Gomorah, GOD destroyed the entire planet with a flood and GOD said He would do it again. Guess what? GOD says that now, TIME’S UP!! You had your chance noe I’m coming back to clean up your mess.
Are you ready to meet your maker?
Maranatha, come Lord Jesus………….

6

fir1

2 months ago

and the discourse on china joe is about his age and lack of mental acuity –

0

ed

2 months ago

And the left keeps saying….”Isn’t Joey the BEST ?!?!”. As they screamed that Trump was a dictator.

0