Biden's student loan handout taxes the poor and throws gas on the inflation fire
Fox News
President Biden announced plans Wednesday for a student loan handout. His plan will hike inflation and tax the poor to benefit the rich.
Republican Richard Burr represents North Carolina in the United States Senate.
Now, adding additional fuel to the inflation fire, the administration has announced its plainly illegal plan to forgive $10,000 of student loan debt per person for borrowers making under $125,000 per year.
President Biden is making a last-ditch effort to cancel more student debt before the end of his term, one of his final attempts to erase the loans after facing years of setbacks.
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Joe Sanberg, the entrepreneur and anti-poverty advocate who spearheaded a failed measure to raise California's minimum wage, talked about the ballot defeat.
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President-elect Trump has nominated Congresswoman Lori Chavez-DeRemer for secretary of labor as he continues to form his Cabinet.