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Chuck Schumer Claims Student Debt Transference ‘Isn’t a Handout to the Wealthy’
Breitbart ^ | 02-28-2023 | WENDELL HUSEBØ

Posted on 02/28/2023 11:46:49 AM PST by ChicagoConservative27

Sen. Chuck Schumer (D-NY) on Tuesday claimed the Democrat-lead initiative to transfer student debt to the taxpayer “isn’t a handout to the wealthy,” despite contrary evidence by the Penn Wharton Budget Model.

Schumer’s comment came as the Supreme Court heard oral arguments on whether or not the Biden administration’s attempt to transfer $400 billion in loans to the taxpayer is constitutional. Biden’s plan would allegedly benefit 40 million college-educated Americans, though the forgiveness could result in a $2,500 burden per taxpayer, the National Taxpayers Union estimated.

In just a few hours, Pres. Joe Biden’s student debt relief plan will come under the scrutiny of SCOTUS, whose justices will decide in the months following today’s oral arguments whether the $400 billion program is constitutional.

The latest in Playbook: https://t.co/WH2QnuMfzo

— POLITICO Playbook (@playbookdc) February 28, 2023

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


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: debt; schumer; student; wealthy
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Think again scum bag
1 posted on 02/28/2023 11:46:49 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Lighten up Chucky, you thieving Dung beetle.


2 posted on 02/28/2023 11:48:54 AM PST by FlingWingFlyer (America! Where getting elected is the same thing as hitting the lottery.)
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To: ChicagoConservative27

Listen to schlubby Senator Sleestack.


3 posted on 02/28/2023 11:51:32 AM PST by dead (https://www.youtube.com/watch?v=D_vFiUUcBkc)
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To: ChicagoConservative27

It’s a handout to the children of the wealthy.


4 posted on 02/28/2023 11:52:13 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27

It’s a hand out. That’s all I care about.


5 posted on 02/28/2023 11:57:07 AM PST by Brilliant
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To: ChicagoConservative27

It’s a handout to grifters or the wealthy, or the grifting wealthy.


6 posted on 02/28/2023 11:57:47 AM PST by seowulf (Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
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To: ChicagoConservative27

But it is a hand out to democrat voters Chuck.


7 posted on 02/28/2023 11:58:04 AM PST by dblshot
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To: ChicagoConservative27

It’s a handout to the Snowflake Student Loan deadbeats.


8 posted on 02/28/2023 11:58:58 AM PST by FlingWingFlyer (America! Where getting elected is the same thing as hitting the lottery.)
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To: ChicagoConservative27

It’s a handout to those whom the Democrat Party hopes will become its future leaders. An advance payment for future services rendered.


9 posted on 02/28/2023 11:59:07 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: ChicagoConservative27

Good thing the Senate is handcuffed now with Fetterwoman in the hospital and Feinstein wandering around not knowing where she is. Kinda puts a crimp on Schumers antics.


10 posted on 02/28/2023 11:59:13 AM PST by 1Old Pro
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To: ChicagoConservative27

“No no no no no no no no no......” He explained.


11 posted on 02/28/2023 12:01:50 PM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: ChicagoConservative27

It can be classified as a handout but in the end it tells everyone that taking responsibility for your own actions - no matter the reason - is a sucker’s play.

Work hard and pay off your own debt? Why do that when eventually Uncle Sam will just come in behind you to clean it up by taking it from someone else.

Incentivizes people to behave poorly.


12 posted on 02/28/2023 12:02:28 PM PST by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: ChicagoConservative27

It isn’t, hmm? Why not? “Because I say it isn’t,” he explained.


13 posted on 02/28/2023 12:03:19 PM PST by Billthedrill
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To: ChicagoConservative27

nd it rewards those who didn’t take responsibility and went into debt without a plan to repay. Responsible borrowers paid back those loans. The G’vt & Universities share the blame for psuhing aid when the degrees taken and projected earnings in those fields did not support repayment. Work study and summer jobs should be required as the first line for loans and loans should be tied to realistic job prospects not passed out like candy. Many of these people would have been better w/o a college degree, in a trade or working their way up the ladder. The loans allowed them to spend years partying and wasting taxpayer money.


14 posted on 02/28/2023 12:05:37 PM PST by JayGalt (For evil men to accomplish their purpose it is only necessary that good men should do nothing.”)
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To: ChicagoConservative27

I am totally against this, but if the f*****s are planning on doing it, I am not going to pay off my daughters loans just yet.

However, my daughters have watched this come up for 3 elections in a row- promised just before the next election cycle, only to be dashed to the rocks right after the election.

This is the 4th ‘ramp up’ they have seen, and I think my more liberal one is starting to get ‘a clue’


15 posted on 02/28/2023 12:07:18 PM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: ChicagoConservative27

And I’m sure Chuck has some beachfront real estate in Nebraska he’d like to sell us.


16 posted on 02/28/2023 12:09:20 PM PST by No name given (Anonymous is who you’ll know me as. )
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To: ChicagoConservative27
Christ said that when giving to the poor that we should not make a big show of it to impress others but we should not let our left hand know what our right hand is doing.

Still, in defense of those who make a big production of being generous in public in order to get social credit...at least they are using their own money in their show of being generous.

What then to make of the politicians who use other people's money in a show to be generous and who are rewarded with a paid position of honor and power for such "generosity"?

17 posted on 02/28/2023 12:18:19 PM PST by AndyTheBear
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To: ChicagoConservative27

If you like it, Chucky, then have the Senate and House vote for it rather than having Biden pass it around by executive order.


18 posted on 02/28/2023 12:21:19 PM PST by KarlInOhio (Gain of Pfunction. Gain of Pfunding. Gain of Pfizer. Now in control of Project Pferitas.)
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To: ChicagoConservative27

I’d be all for it if it only came out of senators and congressmen’s pay and retirement.


19 posted on 02/28/2023 12:29:10 PM PST by shoff (Vote Democrat it beats thinking!)
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To: ChicagoConservative27

Schmucky lies as much as Bidet.


20 posted on 02/28/2023 12:45:47 PM PST by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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