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

Alley Einstein is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button