Pages


Tuesday, September 06, 2022

You don't say.....

Questions continue to mount over the White House's federal student loan forgiveness plan as multiple analyses suggest the government has underestimated the policy's hefty price tag.

*

But even without the cost estimates of the other policy points, several private analyses already suggest the White House's projection is modest at best.

Among the most highly-cited is the Penn-Wharton budget model, which predicts total costs could reach $1 trillion.

6 comments:

  1. It's nothing more than high price vote generation. Guess what? The Republican assholes will do nada, just grin like the drooling Democrat bottoms they are and us folks who pay their debts will take it up the ass.

    ReplyDelete
    Replies
    1. Republicans never miss the opportunity to miss an opportunity.

      Delete
  2. Do not try logic and numbers with this White House. See press sec on 10,000 million jobs added, or whatever impossible number it was.

    ReplyDelete
  3. Caps future payments at 5% of "discretionary income" and forgives loans completely after 10 years. This is where the $1 trillion number comes in.

    https://nypost.com/2022/09/03/think-bidens-student-loan-write-offs-are-unfair-just-take-a-look-at-the-fine-print/

    ReplyDelete
  4. One trillion dollars divided by 333 million people in the country is $3,000 per person.
    Biden just transferred these shithead’s debts to the rest of us.

    ReplyDelete

All comments are moderated due to spam, drunks and trolls.
Keep 'em civil, coherent, short, and on topic.