Joe Biden was warned by the Treasury Secretary and his wife not to cancel student debt, but pressed ahead regardless on the urging of Kamala Harris, it has been claimed.
Treasury Secretary Janet Yellen argued that with inflation around a 40-year high, the cancellation of student loans could free up consumer spending and drive inflation higher, the New York Times reported.
Jill Biden, who works part-time as a college lecturer, also urged her husband to reconsider. She campaigned on free community college, but did not push for the cancellation of debt.
The president ultimately chose to ignore their advice – after being cajoled on the subject by Vice President Kamala Harris, who was in favor of loan cancelations.
Mike Donilon, one of Biden’s closest political advisers, told him polling showed Americans were split on the issue.
Yet Ron Klain, his chief of staff, said it could be a popular move with younger voters, heading into the midterms.
One of the most ‘persistent’ supporters of debt relief was the vice president, Kamala Harris.
In February she tasked her team with creating a memo detailing Biden’s concerns about debt relief and countering them one by one, The New York Times said.
Americans WON’T stand for it > it is DISCRIMINATION !!!! & Biden has NO AUTHORITY to do it !!! PERIOD
Send ME to college for FREE !!!! My Kids Too !!!!!!!
Democrats trying to WAIST all the Taxpayer $$$$$ they can before they get KICKED the Hell OUT of Office !!!!
NO Party should be allowed to Control BOTH Houses of Congress !!!! SOLVED
Lots here.
Dems are tax and spenders. With a WASTE always.
No admin has been kicked out of office. A resignation in the last 50 years but thats it.
We the voting public decide who goes to Congress. They don’t and should never. History shows 1 party controlling Congress and the White House – get little done. Best practice used to be one party in the White House, the other party had Congress. Compromise would make things work.
Now it doesnt matter who is where – everyone hates and the American public feels the pain.
Vote in November and hope. Still have 2 more years of pain ahead.
Kamala Harris very likely has NO input on policy, nor any sway over the Bidens. She may as well be a piece of furniture.
so whats a trillion bucks between friends. thats no big deal, we’ll just print more.