Pelosi Strikes Down Biden’s Pricey Pet Project
Biden continues to spend money that our country does not have despite the enormous amount of debt that we are now under. His most recent measure, which involves canceling some of the debt owed on student loans, is a desperate attempt to curry favor with voters.
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It was money that was loaned out to college students so that they could pay for their tuition. As a result, they will not be required to make a payment of around $10,000 toward their loans. That obviously implies that the burden of paying for the consequences of Biden’s choice will fall on the nation’s taxpayers.
However, it appears that Biden does not even possess the authority to carry out this action. The previous year, Nancy Pelosi expressed the same sentiment.
Is it possible that Nancy may have said something like that? This is it, as stated by her in her own words: Um… okay. Just the year before, Nancy Pelosi stated that President Biden did not have the authority to “forgive” loan debt.
She explained that although he may “postpone” payments, he would not be able to completely wipe out the debt. The Speaker of the House made it abundantly clear that only Congress has the authority to accomplish that.
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Reports indicate that President Biden will “forgive” $10,000 in debt for those with annual incomes of less than $125,000. Because of this, the United States government would be unable to repay $300 billion to its citizens’ tax dollars.
That is something that I’m sure all of those blue-collar workers in the United States who are pushing their asses to make ends meet would enjoy. People living in the United States of America whose financial circumstances prevented them from sending their children to college.
Therefore, Biden is doling out welfare to children of entitled parents who refuse to repay their loans, and he is making the working classes foot the bill for it. When this topic was discussed a year ago, Pelosi presented the exact same reasoning. So… what exactly is she talking about today? Will Pelosi take a stand against Biden just a few short weeks before the crucial elections? I doubt it. Something tells me that she will support this “white collar welfare” in the vain hope that it would rescue them in November. I’m not sure what it is, but it’s something.
The approval rating for Biden is at an all-time low. The party is in danger of suffering significant setbacks in the midterm elections. They dish out assistance instead of tackling the numerous challenges that our nation is currently facing.
These career politicians lack any semblance of moral fiber whatsoever. Because of this, they ought to be removed from office in November.