BREAKING: New Verdict Shows Biden Is GUILTY – This Is It…

Republican Senator Roy Blunt of Missouri delivered some blunt truth about President Biden’s new student loan forgiveness program.

Blunt delivered a guilty verdict to Biden for his new program, calling it “monumentally unfair.”

Blunt said, “I just thought it was monumentally unfair, unfair to people who didn’t go to college because they didn’t think they could afford it, unfair to people who pay their loans back, unfair to people who got higher education in an area that the government didn’t make loans and just bad economics in addition to that.”

Biden GUILTY

“I think it’s going to have a long-term devastating effect on a student loan program that worked pretty effectively until about 10 years ago when the federal government assumed responsibility for that program,” Blunt added.

Anchor George Stephanopoulos weighed in on the discussion, “Most economists who looked at it said it’s not going to increase inflation.”

Blunt said, “Well, if that’s what they’re thinking, most economists are wrong. You can’t forgive that much debt and assume people won’t spend the money for other things. It’s certainly going to take about $24 billion that should have been coming into the federal government every year in payments and make that available for more spending. You know, the president says it’s going to grow the economy, so how it doesn’t impact inflation and grows the economy. You’ve got $300 billion to maybe $500 billion going back into the economy in ten years at a time when the federal reserve chairman is saying, we’ve got to do everything we can to slow the economy down. You don’t slow the economy down by forgiving debt and giving people another $24 billion to spend.”

What do you think about Blunt’s comments?

Do you think the student loan forgiveness program is going to increase inflation? Do you think the program is unfair?

Share your comments below.

Source: Breitbart

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

61 Responses

    1. It is unfair, will add to inflation, will increase some colleges endowments. The only thing that would be fair is to have the taxpayers who are Democrats pay for it, instead of all taxpayers.

      1. The only thing one can say is: this. Biden spending OUR money so Other People’s Children can get the education that many more American citizens would love to be able get. Unfortunately, they can’t afford college tuition for themselves, nor for their children, partly BECAUSE of our government spending our money. .

    1. God in Heaven is there no end to the stupid ideas Biden’s handlers come up with? Obama, Rice and most of the FBI. All the people around him certainly giving him the worst advice but then he’s expendable – right?

      1. They may not be stupid ideas at all. Biden’s handlers do not have the same values, hopes and love for America as we know it, that we do. They just MAY be working hard to achieve their goals of destroying our great country. And, they are having some success.

  1. Absolutely correct. Democrats have a track record of not caring about the consequences of their actions. Look at the stste of our economy now and they continue to spend cash like it’s Monopoly money. Democrats create problems then use those problems to spend more money to get out of a problem they created in the first place. Democrats just don’t care about American citizens. Isn’t that obvious by now!

    1. AMERICANS WHO LOVE AMERICA, MUST VOTE OUT EVERY DEMORAT AND DEMAND THE
      IMPEACHMENT OF MARXIST, FASCIST TERRORIST, BRAINDEAD, MADMAN BIDEN.
      AS LONG AS, MADMAN AND THE RADICAL CRIMINAL POWER, MONEY HUNGREY DEMORATS ARE IN CONGRESS, WE WILL NEVER BE SAFE ANYWHERE IN AMERICA, FROM ALL THE VIOLET CRIMINALS THEY CONTINUOUSLY ALLOW BACK ON THE STREETS.

      1. They hate Americans, who believe in our Constitution, Freedom, Law and Order, Equal Justice under the Law, the Safety of everyone, their Faith and Love, Respect and Loyalty for America.
        DemoRATS FEAR LOSING POWER AND CONTROL; GETTING AWAY WITH ALL THEIR CRIMINAL ACTIVIES AND ALL THE ILLEGAL CASH THEY CAN FIILL THEIR OWN POCKET WITH….JUST LIKE THE BIDEN’S, OBAMA’S AND CLINTON’S.

    2. Monopoly money that he is printing wildly. This is the most stupid man ever put in that office. People say he should be removed … but look at who would take his place. Someone less competent than he is. Maybe he won’t bankrupt our country before the end of his term in office. VOTE REPUBLICAN in the Mid-terms to make him a “Lame Duck” POTUS. Maybe then, he will not be able to bankrupt us. His Executive Order, which he was not authorized to do will mean that they won’t spend any more money, much less let the EO go through. I don’t want to have to spend my hard-earned money to pay $10,000-$20,000 of tuition for anyone to go to college. My son and 2 of my granddaughters paid or pay for their tuition. We ALL know this is going to cost us in the end by the way of taxes. Is this supposed to be something that is ‘ongoing’ or a ‘one-time deal’? Either way, it is going to crush the citizens. He is doing things that only make inflation go up. Blaming anybody but himself.

    1. ITS TOTALLY UNFAIR AND I THINK UNCONSTITUTIONAL ALL THIS IGNORANT DEMORAT PARTY KNOWS HOW TO DO IS WASTE TAXDOLLORS ON STUPID RADICAL IDEALS ALL HE DID WAS TRY BUYING VOTES IN THE MIDTERM ELECTION WHICH IS UNCONSTITUTIONAL

      1. I also believe that the Democratic Party knows this is illegal, as the President does not hold the purse strings. The House of Representatives does. But then allowing 6 million people illegally into the United States is illegal and you don’t hear anything from the Democrats only the Republican base. This President and the Democrats should be responsible for footing the bill for all of their illegal activity.

  2. Blunt should have said outright that Biden and his cronies are all failures. Biden is the worst POTUS this nation has ever had. And I thought Carter was bad…hell he was choir boy compared to Biden.

  3. Biden and his cronies are a joke but it isn’t funny!!!! Do these idiots think they will be saved if China or Russia takes over America they will be first in line for chopping block.

  4. Most Americans saved so there kids can go to college and there idiot president is using our money instead of helping the with gas or food this country is going to pot

  5. What will probably happen is like all the other programs the Federal government has gotten into; more people put on government payroll, less work completed, more people slipped between the cracks and not credited. In other words…..typical government screw ups with eventually shutting down the program and all the payback money just written off. If one thing is certain…..the Federal government involved, with money, it is a total lost !!

  6. The next phase will be to beg the lucky recipients to vote Democrat in the mid-terms or his bill will be overturned. He has simply provided a serious incentive for them to do so. Basically, he bought their votes. Those votes will also protect him and his son from being investigated by Congress while still in office. He is protecting his family wealth and freedom from responsibility for their crimes. A win-win for him. He will likely extend renter’s forgiveness until the elections. Buy their votes too! Evil man–typical Democrat politician.

    1. Joe Biden defecated on the entire country and everyone in it. And yes, the smell is awful. It is going to take years to get rid of it.

  7. Totally unfair and will increase inflation for sure. It’s a Biden feeble attempt to buy some votes! He needs to go and hopefully people will see right through his motives!!

  8. For those who call themselves “economists” and say that it won’t hurt the economy, you need to pull your heads out of your southern orphaned and open your eyes. Santa Clause isn’t going to give the American government a big present that covers all this money. It’s just one more failed and/or bogus Biden disasters to add to all the rest.

  9. I agree with Mr Blunt. I know it will help my grandson but I’m afraid it will do more damage to the economy. Sorry Grandson

  10. OF COURSE IT WILL INCREASE INFLATION!! Only children and Democrats think it won’t. We are in the middle of a RECESSION precisely because Democrats have no economics knowledge.

  11. Another illegal trick by Biden. Dems as well as Republicans will pay for this. We know the dems are not happy. Praying that this is stopped and the sooner the better.

  12. It took me 9 years to obain 2 degrees that normally would take 7. I worked and each time the diploma was handed to me, the bill was paid. Life did not owe me anything. Economics 101 “There is no such thing as a free lunch!”

  13. It is going to have long terms effects of EVERYTHING from here out. Financing education, schools, students, and a number of other areas. To say nothing of what is going to do to our already critically damaged economy. We’re in a recession now, so this could trigger a full-blown DEPRESSION.

  14. The people at Wharton-Univ of Pennsylvania say it will cost $500 million to $1 trillion. Now…. considering that Wharton is the highest rated businees school in the U.S., I think I’ll go with their estimate !

  15. All of the over spending is designed to destroy our economy which will lead us into Commie control that can’t be fixed once it’s in place, and again BHO is getting his way and his third term via the stooge following his order’s. The stooge is too stupid to figure this out. If anyone think’s I’m wrong…well I have a underwater bridge I’d like to sell you!!

  16. Biden and the rest of the democrats need to go. We need to take back America !!!! The rats are getting rich off the backs of Hard working American. Why are we paying for a fence around brain dead Biden Delaware home when he won’t close the boarder!!!! His son Hunter should be in jail and never let him out he sold America out to China!!! And is daughter is another junkie. What a great father Biden is…

    1. Strange it should take so long for people to finally realize what I saw as blatantly obvious back in the early-mid 1970’s. I question whether saving our once great nation is even possible at this point, and the commie-fascist and totalitarian Dumpocraps who have murdered previous America First / uncontrollable Patriots and Presidents, I am sure are working on a plan to take out the GREATEST President this country has ever had, simply to advance their totalitarian fascist-globalist objectives. Pray for EVERYONE in that great man’s family, and especially Trump, himself. LET’S GO BRANDON! BOTH BRANDON AND HIS KAMALA TOEHO!!

  17. Some countries have a voting process that allows a confidence vote during the term of the president or head of state…it is critical oversight that the US does not have this, I am fairly certain the US’ voters would cherish the opportunity to have a presidential confidence vote at the mid-term elections…I know I would

  18. Joseph Biden is Mad. He really has gone round the bend. I think it has to do with his medications and the side effects that his handlers are giving him. It is very sad for me to see. I don’t like him. I think he is a sinister sleeze bag, but still…..

  19. I said and I will say it again and again! These Democrats don’t care how much this hurts our nation as long as they think they can attract these young impressionable voters who already think every thing is free. my Grandaddy once said if somebody comes around and says thet want to give you something for free, it’s going to cost somebody something. Somebody paid for it.Nothing in this world is free, somebody pays and these young people coming up will be paying for the rest of their lives. These frrebies and handouts from Goverment are costing us big time. Just ask any sane economist today and they will tell you, all these Democrats are doing is digging us a deeper hole. But why should they care? It gets them votes so they can stay in office because some young impressionable child thinks everything is free. What ever happened to working for what you get. It;s called earning it and that carries a lot more value.

Leave a Reply

Your email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PRESIDENTIAL NEWS

CONGRESSIONAL NEWS

GOP CHAIR TWEETS

Nevada gas prices are higher today than yesterday, than a week ago, than a month ago, and than a year ago.

But instead of standing up for American energy, Cortez Masto supports a lithium mining company with ties to communist China!

[email protected] is calling out Biden and the Democrats’ failure to take the rainbow fentanyl crisis seriously.
https://www.breitbart.com/politics/2022/09/29/exclusive-rnc-chair-ronna-mcdaniel-bashes-joe-biden-democrats-over-politicizing-rainbow-fentanyl/

Load More...

MILITARY NEWS

VIDEOS & QUICK READS