Prominent GOP voices are blasting President Biden’s $300 billion dollar gift to coastal elites; Biden says the plan will “give working and middle-class families breathing room.” GOP members say otherwise.
“The median American with student loans already has a significantly higher income than the median American overall,” Senate Minority Leader Mitch McConnell said. “President Biden’s inflation is crushing working families, and his answer is to give away even more government money to elites with higher salaries. Democrats are literally using working Americans’ money to try to buy themselves some enthusiasm from their political base.”
Democrats' student loan socialism is a slap in the face to working Americans who sacrificed to pay their debt or made different career choices to avoid debt. A wildly unfair redistribution of wealth toward higher-earning people. pic.twitter.com/ntyOafgklh
— Leader McConnell (@LeaderMcConnell) August 24, 2022
“Grossly unfair to families who didn’t send their kids to college or managed to pay off their student debt,” Sen. Ron Johnson (R-WI) added. “Democrats have become the party of the elite.”
Grossly unfair to families who didn’t send their kids to college or managed to pay off their student debt.
70% of the $300 billion inflationary spending will go to people in the top 60% of earners.
Democrats have become the party of the elite.
— Senator Ron Johnson (@SenRonJohnson) August 24, 2022
“President Biden’s decision to waive student loan debt will increase inflation and is another gift to the rich,” Sen. Marsha Blackburn (R-TN) remarked. “Tennesseans should not be forced to pay for coastal elites to get their PhD in gender studies.”
President Biden’s decision to waive student loan debt will increase inflation and is another gift to the rich.
Tennesseans should not be forced to pay for coastal elites to get their PhD in gender studies.
— Sen. Marsha Blackburn (@MarshaBlackburn) August 24, 2022
“President Biden isn’t ‘canceling’ debt, he’s shifting it onto everyone, including the majority of Americans who chose not to get a degree,” Sen. Mike Braun (R-IN) observed. “This will make inflation worse, and we should focus on getting more value out of colleges rather than giving them a reason to hike prices.”
President Biden isn’t “canceling” debt, he’s shifting it onto everyone, including the majority of Americans who chose not to get a degree. This will make inflation worse, and we should focus on getting more value out of colleges rather than giving them a reason to hike prices.
— Senator Mike Braun (@SenatorBraun) August 24, 2022
“What about Americans who already paid off their student loans?” Rep. Jim Jordan (R-OH) tweeted.
What about Americans who already paid off their student loans?
— Rep. Jim Jordan (@Jim_Jordan) August 24, 2022
“Joe Biden should have to report this student debt forgiveness stunt to the FEC as it’s nothing but a scheme to buy votes,” Rep. Lauren Boebert (R-CO). “There is no such thing as debt forgiveness. It’s a misnomer. That national debt is about to skyrocket even more!”
Joe Biden should have to report this student debt forgiveness stunt to the FEC as it’s nothing but a scheme to buy votes.
There is no such thing as debt forgiveness. It’s a misnomer. That national debt is about to skyrocket even more!
— Lauren Boebert (@laurenboebert) August 24, 2022
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