Joe Biden promised to be a “moderate” leader. But his policies, to date, have been nothing but progressive’s wish list.
Anytime the far-left demands Biden do something, he does it. Almost as if he doesn’t have a plan in mind.
Several times, he’s cowed to their demands over one major issue. Now, he’s trying to buck Congress to make it permanent.
From CBS News:
President Biden is looking at different options to forgive an unspecified but substantial amount of federal student loan debt…
The move could affect more than 43 million borrowers who hold more than $1.6 trillion in federal student loan debt, the second-largest debt held by Americans, behind mortgages.
A new report reveals Biden is abandoning a campaign promise to cancel student loan debt in the near future. Even though Congress has been unable to pass a bill to that effect, Biden seems determined to make it happen.
It seems Biden, who is little more than a puppet for the far left, intends to do this without Congress’s support.
When asked about this during the meeting, Biden smiled and said, “You’re going to like what I do on that, I’m looking to do something on that and I think you’re going to like what I do.”
What does that mean? Since when does the president have the power to wipe out a trillion dollars in debt?
This is the same man who wanted to raise our taxes by trillions to pay for his socialist schemes. But now he’s just going to wipe out $1.6 trillion in student loans?
Where is he going to get that money? There ain’t no couch cushions left to shake, Joe.
Biden has given up any pretense of fiscal responsibility. He doesn’t seem to care if his policies will bankrupt the economy.
He just does whatever the left tells him to do.
I guess he can get away with that; the burden he creates will be felt long after he’s gone.
If he does try to pull a stunt like this, you can bet it will be timed for the most political benefit. There’s a good chance it will be right before the midterms, because they’re losing in the polls on just about every issue right now.
Nothing like a trillion-dollar October surprise to give Democrats a boost, right?
- Biden claimed he is about to cancel a large amount of student loan debt.
- The Democrat even suggested he was going around Congress to do so.
- There is no plan for paying for the estimated $1.6 trillion in loans.
Source: CBS News