Biden isn’t just forgiving a set amount of debt. He is also enacting a new policy that ends excess interest on student loans—as long as a borrower pays their minimum monthly payment (now capped at only 5% of their income), their balance will no longer increase.
This is huge.
To those Republicans in Congress who believe student debt shouldn’t be forgiven:
I will never apologize for helping America’s middle class – especially not to the same folks who voted for a $2 trillion tax cut for the wealthy and giant corporations that racked up the deficit.
@RepSwalwell@RepMTG Please also focus on the predatory loans which are 'sold' to students. These loans and the compound interest rates are what keep people in debt and underwater.
@caslernoel@DanielDefense It was the Trump Admin which enabled companies like Daniel 2 acquire PPP loans. Pelosi & Schumer required & selected independent IG Glenn Fine. A few days AFTER T signed the bill, he fired Fine. T wanted all his cronies, like Daniel & Tom Brady to have unfettered access to the $
@AntelopJoe @sunflowerklo @AlexPadilla4CA ...and do you know who was responsible for making sure that Californians voting is straightforward and simple? Alex Padilla when he was California's Secretary of State. He was also a supporter of 'permanent' vote by mail, and then he was advanced to fill Harris' Senate seat.
@RepAdamSchiff ...the drug/oil IV line in our veins, and we continued with our addiction to the worst type of energy for our planet. Let's not let Big Oil decide our future.
@RepAdamSchiff Please help to keep the lessons of the 70's alive. Gas/oil prices high, availability low. Car manufacturers began work on electric vehicles. As soon as Big Oil saw them as viable, they dropped the price of oil and opened the spigot. Gas was cheap and easy to get. Big Oil kept...
@donwinslow@CNN If anyone wants a good read, get the book 'An Unseen Angel'. It's about Emilie Parker, a 6 year old killed during SH. It's a collection of stories about how this little girl touched people, both before and after she died. The story about her casket on the planes will make you 😢
I cannot stand the ignorance of my countrymen and women!!!
How can they not understand that the Orange Blubberass gave Putin all our intelligence and military plans and paved the way for this disaster?
Pretty bad time to be a disastrously bad real estate developer with hundreds of millions in debt coming due and your primary source of laundered money currently banned from world banks.