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WH: Borrowers are heroes in HEROES Act; our $240B estimate better than Penn-Wharton’s $510B or $1T
On 8/26/2022, Bharat Ramamurti, Deputy Director of the White House National Economic Council, told reporters, “Our estimate is that the debt relief proposal will reduce average annual receipts in the student loan program by about $24 billion a year over …
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WH: no difference between Gov shut down business PPP loan & students willfully took out loan, fair
On 8/26/2022, Fox News reporter Jacqui Heinrich asked White House National Economic Council Deputy Director Bharat Ramamurt, “Republicans & critics are saying is that there’s a difference between those decisions being voted on by Congress &…those loans…to cover businesses that …
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Biden: loan bailout not cause inflation, GOPs not care; Pelosi: Biden no power to bail out loan
On 8/26/2022, President Joe Biden spoke to reporters as he departed the White House for another vacation in Delaware. He claimed his student loan debt bailout “is not gonna cause inflation,” during his departure from the White House. Is it …
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WH: cancel Student Loan to get midterm votes? Why now? because campaign promise! Dems not Biden
On 8/25/2022, a reporter asked White House Press Secretary Karine Jean-Pierre, “But the Washington Post editorial board says that — and this” KJP: And then I’m going to go to the back because we’re running out of time. Reporter: — …
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WH: paused $50B new or already there? “Fiscal Responsibility Is Second-To-None’; I’ve exhausted you
On 8/25/2022, Joe Biden White House Press Secretary Karine Jean-Pierre said that President Joe Biden’s economic record is “second-to-none” while touting his “fiscal responsibility.” A reporter asked how much Biden’s plan to forgive certain student loans would cost. “The President’s …
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WH: student loan bailout fully paid for, not sure the cost but Fiscal Responsible, $50B already
On 8/25/2022, Joe Biden White House Press Secretary Karine Jean-Pierre said the student loan bailout will be fully paid for because of all the work Joe Biden has done with the economy. The US economy is officially in a recession …
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More votes cancel Student Loan, married couple get free $40K if make under $249K, no cost because
On 8/25/2022, CNN’s Chris Wallace said President Joe Biden’s student loan bailout doesn’t deliver for working class Americans, during a segment on CNN’s “At This Hour” with Kate Bolduan. On 8/25/2022, President Joe Biden Education Secretary Miguel Cardona had no …
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Rice: Remains To Be Determined cost of Student Loan Bailout, no effect on inflation, not giveaway to
On 8/24/2022, during press conference, Susan Rice, Biden’s domestic policy adviser said, “numerous experts affirm that restarting paused loan payments at around the same time as we provide targeted debt relief will not have any meaningful effect on inflation.” When …
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WH: No comment on DOJ docs assessment; cancel loan legal authority, already given $32B free money
On 8/24/2022, during press conference, a reporter asked White House press secretary Karine Jean-Pierre, “I would just — I’m not asking you to comment on the Justice Department’s investigation. I’m asking you whether there is an assessment going on to …
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‘Who Is Paying For This?’: Doocy asked WH, will ‘have to see’ if Bailout lead higher tuition
On 8/24/2022, during press conference, Fox News White House correspondent Peter Doocy repeatedly pressed White House press secretary Karine Jean-Pierre on the Biden administration’s plan for student loan forgiveness. President Joe Biden announced his plan to provide $10,000 in student …