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White House Plays Dumb on Estimated $500 Billion Cost of Canceling Student Debt
Breitbart ^ | 08/26/2022 | CHARLIE SPIERING

Posted on 08/26/2022 7:22:35 AM PDT by ChicagoConservative27

White House aides repeatedly refuse to address the cost of President Joe Biden’s decision on Wednesday to cancel up to $20,000 in student debt.

“I can’t give you that off the top of my head,” White House director of domestic policy Susan Rice said Wednesday during the daily briefing when asked whether the administration had estimated the cost of the president’s decision.

She repeated the cost of the program would not be fully known until the federal government knew how many people would take advantage of it.

The president spent several months stalling a decision on canceling student debt, telling reporters he was waiting for further analysis about the impacts of the decision.

But after the decision was announced, his aides pretended they had no estimate of how much it would cost the American people

(Excerpt) Read more at breitbart.com ...


TOPICS: Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: debt; dumb; ppp; ppploans; student; whitehouse
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Retard in diapers
1 posted on 08/26/2022 7:22:35 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Playing dumb is one thing Biden excels at.


2 posted on 08/26/2022 7:24:10 AM PDT by AndyTheBear
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To: ChicagoConservative27

“This won’t cost anything at all. We have a printing press.”


3 posted on 08/26/2022 7:24:11 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: ChicagoConservative27

They’re not playing.

CC


4 posted on 08/26/2022 7:24:22 AM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: ChicagoConservative27

99% of the media will never bring it up again.


5 posted on 08/26/2022 7:24:51 AM PDT by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: ChicagoConservative27

First, there was the Inflation Reduction Act. Now, there is the Bailing Out Poor Life Decisions Act. Someone has to pay off the loan for that Whatever Studies degree that has earned the holder a prime position behind the fast food fryer. Why not the engineering grad next door who has already paid his loan off?


6 posted on 08/26/2022 7:25:02 AM PDT by chuckee
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To: ChicagoConservative27

Well, hopefully this will never see the light of day in reality because it is illegal.


7 posted on 08/26/2022 7:25:11 AM PDT by 1Old Pro
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To: ChicagoConservative27

Bread and circuses. The Big Media isnt going to ask that question because this is all about getting the gimme vote.


8 posted on 08/26/2022 7:25:19 AM PDT by freedomlover
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To: AndyTheBear

Bidens Whitehouse never ‘Thinks’ about what they’re doing - thus they can never explain clearly why they’re doing it.


9 posted on 08/26/2022 7:25:39 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: ChicagoConservative27

https://usdebtclock.org/

Rapidly approaching $31 trillion


10 posted on 08/26/2022 7:26:20 AM PDT by Pollard (Worm Free PureBlood)
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To: ChicagoConservative27

And who gave any president that power?


11 posted on 08/26/2022 7:26:40 AM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: caww
Bidens Whitehouse never ‘Thinks’ about what they’re doing - thus they can never explain clearly why they’re doing it.

And why would they? They know that the MSM and the Beltway establishment will have their backs - no matter what.

12 posted on 08/26/2022 7:27:49 AM PDT by SamAdams76 (3,918,974 users on Truth Social)
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To: ChicagoConservative27

Not to worry as the Inflation Expansion Act will cover 300 billion, so that’s only a modest expense which we can all afford from one of our many separate offshore bank accounts.


13 posted on 08/26/2022 7:27:53 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: ChicagoConservative27

The good news is, this will put a dagger in the university.


14 posted on 08/26/2022 7:28:28 AM PDT by lurk (u)
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To: ChicagoConservative27
Why pay anything? Just decree that the lending banks absorb the cost.

(Just my daily "trying to think like a liberal" exercise".)

15 posted on 08/26/2022 7:28:31 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: All

Wonder if it would be better to just allow people to declare bankruptcy on their student loans


16 posted on 08/26/2022 7:28:40 AM PDT by escapefromboston (Free Chauvin)
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To: ChicagoConservative27

Even my leftist, trump-hating relatives don’t like this.

We all grew up in a blue-collar, working class area in the 1970s - so like everyone, they worked extra jobs, delayed school, limited their choices, to avoid going into debt to afford college.

My consolation is that I love that Biden is rubbing their noses in it.


17 posted on 08/26/2022 7:30:36 AM PDT by PGR88
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To: ChicagoConservative27

“Plays”? They are dumb-—Marxists aren’t smart but they are good liars.


18 posted on 08/26/2022 7:31:19 AM PDT by mikelets456
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To: ChicagoConservative27

The more I hear about this the more I don’t think it’s gonna fly.

It goes to court and gets shot down.

Didn’t p-lousey even say potatohead doesn’t have the power to do this?

What’s that about?


19 posted on 08/26/2022 7:31:30 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: ChicagoConservative27

Yesterday, it was 300 billion. Now it’s 500 billion. Tomorrow a trillion. It sucks that we can never get accurate information.


20 posted on 08/26/2022 7:33:03 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 democratic )
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