Tom Cotton torches Biden's student debt handout: 'This will hurt so many Americans'
Fox News
Senator Tom Cotton (R) joined "Fox & Friends" to explain how Biden's loan forgiveness plan will put a larger financial burden on working Americans.
TOM COTTON: It's also deeply unfair. Just think about all the Arkansans who never went to college, who got a job, started a small business, a hair salon or a lawn service business. They're not getting their small business loans paid off. Think about all the people that went to college and worked, put themselves through college, whether they were working as a waiter or as a bartender. Think about the people who went to college and took out loans and paid it back, or who had parents who had saved for them and paid off their education. They are not going to benefit from this. In fact, they are hurt by it because they are now picking up the tab for $500 billion of other people's loans. There's no such thing as loan cancelation or loan forgiveness. It's just a matter of who pays it. Now it's hardworking taxpayers are going to be paying the bills for this, and that's just going to encourage university administrators to raise tuition higher and spend more money on needless jobs like schools with 160 different diversity coordinators. This is going to hurt so many Americans.
WATCH FULL VIDEO BELOW:
Montana state Rep. Zooey Zephyr claims transgender women are just as much "'biologically female' as cis women."
Outgoing LA DA George Gascon's office pushes resentencing for gunman on death row in 1980 Bob's Big Boy robbery that killed four and wounded four more.
New Republican Governors Association chair Brian Kemp says 'we need to focus' on helping the Trump administration get 'off to a strong start.' And the Georgia governor shares his gameplan for the 2025 & 2026 elections
The proposal to return federal employees to the office full-time has sparked debate about streamlining government operations while ensuring effective public service.
As President-elect Donald Trump has aggressively set to work on building his new administration, some commentators have noticed that many of those being selected as his closest advisors are parents with families well above the national average.
Augusta University student Laken Riley's murderer was sentenced to life in prison, but he should have been given the death penalty.
Minority and working class voters who shifted away from the Democratic Party said the party no longer supports their values and vision for the country.
Texas Gov. Greg Abbott responded to questions about Texas donating land to support President-elect Trump's planned mass deportation efforts once his administration assumes office next year.
If Congress and the president don’t care about small stuff when it comes to controlling national debt, why should voters believe our debt is a problem that warrants entitlement reform?
Wisconsin Sen. Tammy Baldwin managed to win re-election as a Democrat while Republican President-elect Donald Trump flipped her state red. Here’s how she thinks she pulled it off.
Comcast confirmed it's spinning off nearly all of its cable properties, which include CNBC and MSNBC, raising questions about the future of all-news channels.