The Cost of Biden’s Student Loan Write-off: $420 Billion

Now tell us. We’re referring to the Congressional Budget Office, which on Monday finally released its cost estimate of President Biden’s unilateral write-off of student loans: $420 billion.

The Democrats who run Congress have not even asked for CBO’s estimate, despite the huge demand for taxpayers’ money. They simply ceded their power over the purse to the President. But senior Republicans on the House and Senate education committees inquired, and the CBO director Philip Swagel replied in a letter with startling political mathematics.

https://www.wsj.com/articles/joe-bidens-420-billion-write-off-student-loans-congressional-budget-office-11664227712 The Cost of Biden’s Student Loan Write-off: $420 Billion

Alley Einstein

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