Biden’s illegal giveaway to higher-income Americans will cost more than $400 billion amid historic inflation. It’s an insult to taxpayers.
CBO estimates that the cost of outstanding student loans to the federal government will increase by about $400 billion because of an executive action canceling some debt. cbo.gov/publication/58494

Sep 27, 2022 · 2:59 PM UTC

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Replying to @SenatorTimScott
Over 40 years.....love it when you leave out the relevant information....also, during the same time period we will spend 25 trillion dollars on our military...
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Replying to @SenatorTimScott
He's giving a break to those most struggling to pay off predatory student loans to people who can't pay it back due to their income (despite their education). And you have issues with that? Yet Republicans give tax breaks to corporations & the rich, but that's ok?? 🤨
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Replying to @SenatorTimScott
What is an insult to Americans is the thought you have to give away Tax Cuts to the very wealth yet take away from the less enfortunate such as student loan relief or taking taxpayers money to funnel to private schools while leaving public schools without. give me a break
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Replying to @SenatorTimScott
Tim just cut the crap. High income people don't spend decades paying off student loans. It is middle and working class people who get stuck in that due to how interest rates are compounded.
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Replying to @SenatorTimScott
You voted for the GQP tax cut for the wealthy. Explain the difference
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Replying to @SenatorTimScott
Your billionaire tax giveaway costs me thousands so sit this out Pal. You really think we’re gonna forget? #GOPTaxScam
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Replying to @SenatorTimScott
So helping high income Americans making less than 75k is bad But Giving tax breaks and ppp loans to millionaires/ billionaires is good? You can’t be serious 🧐
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Replying to @SenatorTimScott
Look up how much more revenue Pres. Joe Biden will recover once billionaires are paying their fair share of taxes,(just minimum 15%). Republican's days of plunder are over.
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Replying to @SenatorTimScott
All that money freed up to put back into the economy instead if the pockets of predatory lenders👍
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