Offloading Student Loan Debt to Taxpayers

People keep calling it student loan “forgiveness.” But it’s not. It’s student loan TRANSFERS, and Joe Biden is trying to do it again – a third time – after already being slapped down last year by the U.S. Supreme Court. You may have seen the news about this earlier in the week. The reason it’s a debt **transfer** and not forgiveness is because the student loan debts in question were… Read more »

Do you see how NBC is covering this topic? It’s not just NBC; it’s every other left-leaning news outlet as well. Payments for federal student loans have been on hold for more than three years. Now that Covid is in the rear-view mirror, it’s obviously time for these payments to resume. Yet liberal journalists and Democrat politicians want you to believe that’s akin to "forcing" people… Read more »

The creditworthiness of the United States was downgraded by Fitch Ratings earlier this week. Everyone from the White House and Janet Yellen to financial analysts and journalists were losing their minds over this news. But why on earth does this surprise anyone?! Our nation is over $32 trillion in debt. Our deficit spending is out of control; we are spending trillions of dollars more… Read more »

Another huge blow to Biden from the Supreme Court this morning, who just struck down his unconstitutional effort to "cancel" student loans. It was a 6-3 ruling just moments ago.  If you recall, the President was trying to “cancel” up to $10,000 of debt for those who had federal student loans. Friends, debt isn’t just "canceled." Whether it’s the federal government or a private… Read more »

With thousands of constituents on the phone, I covered a wide variety of topics yesterday during my telephone town hall. This include a long discussion on the the debt ceiling "deal" and our nation's massive debt problem. For those who missed it, you can catch a full reply here... Read more »

Over the next seven weeks, the House is scheduled to be in session a whopping… 14 days. Oh, not to mention we’re just now heading back to D.C. today after being home for the last two weeks. *** This further illustrates how utterly ridiculous it was for some Republicans to have been angry at me and 19 others for negotiating during the House Speaker’s vote back in January. They literally… Read more »

As promised, here’s a brief update on President Biden’s effort to transfer other people’s student loan debts to you, the taxpayers. Remember I was all over this issue last spring and summer, calling it unfair, unethical, and illegal. I’m not unsympathetic to those who have student loans. But for those who borrowed money from the federal government and spent it on an education – which… Read more »

With the stroke of a pen earlier this week, Biden saddled you and other taxpayers with more than $500 billion worth of other people's student loan debt. First of all, isn’t it funny how Democrats are trying to compare that to the Paycheck Protection Program (PPP)? For those of you who don’t remember, the PPP enabled people to remain employed when the pandemic literally shut down much of… Read more »

Friends, I’m as outraged as I can be over Biden making YOU responsible for other people’s student loan debts. Of all the things we’ve had to put up with under this administration – skyrocketing inflation, rising violent crime, record levels of illegal immigration, failed foreign policy, on and on – this is just par for the course. So many constituents have called and written into my… Read more »

I know I’ve covered this multiple times, but we need to cover it again. Today, President Biden is expected to announce a plan to “cancel” up to $10,000 in federal student debt for those earning under $125K. Friends, debt isn’t just "canceled." Whether it’s the federal government or a private lender, you don’t just erase loans off the books. What’s really happening here is the… Read more »