Rep. Pramila Jayapal calls canceling student debt 'a racial justice issue,' ignores economic warnings
Fox News
Far-left Rep. Pramila Jayapal, D-Wash., called for the cancelation of all student debt, arguing it was "a racial justice issue," while also ignoring warnings about the negative effects such an action could have on the U.S. economy.
She also argued that such a debt cancellation would "stimulate the economy," despite warnings by the Committee for a Responsible Budget (CFRB) that it would increase inflation, cost the federal government $1.6 trillion, and put additional pressure on an already stretched-thin supply chain.
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