President Joe Biden has announced the cancellation of an additional $1.2 billion in debt for 153,000 US student loan borrowers. Yahoo Finance Senior Columnist Rick Newman breaks down the sentiment surrounding Biden’s actions taken against student loan debt. Segment is from February 21, 2024.
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Using my money to buy votes, nice
How about let’s stop handing out loans to every student for every major
Crooked
this is called structuring and it is illegal if I do it
Ahh yes buying uniformed desperate voters classic
Then next tax season everyone is going to get mail saying they owe taxes on the canceled portion of thier debt.
Soooo..what?
Without a new tax bill being passed in congress, no one actually pays more.
@@paulendsley6322 Congress doesn’t need to pass a new tax bill, it’s already part of the tax code, in laymen terms, debt forgiven by the government, an institution, or an entity is considered taxable income.
Buying votes with tax money. Impeach his ass
Anyone else realize how illegal all this is??
How is it illegal
@@Mia_starlightit’s illegal because congress controls government spending and the Supreme Court already ruled against student loan forgiveness
. We don’t because it’s not. 😂😂
A corrupt puppet that is running this country into the ground.
Pay your own loans
And the 2 trillion tax reduction to billionaires you’ll do next
That was Trump and it added 25% to the deficit in his first year in office. Biggest contribution to debt by any president in the history of the country
Bribing lol
Tell me its an election year without telling me
They should just cancel the Den not take our taxpayer money to pay themselves. It’s just a quick payday for them quick cash.
The easiest way to solve this problem?
TRUMP 2024
Don’t fall for it, next time he’ll be in your pocket!!
All you snowflakes settle down. Trump did the same with the ‘stimulus’ checks. 😂
The stimulus checks were passed by Congress, they were not a unilateral executive order from the president circumventing the power of the purse in order to buy votes for an upcoming election.
Stimulus checks were passed through Congress, Biden is unilaterally forgiving loans after scotus said it was unconstitutional
Stimulus checks were approved by congress student loan forgiveness was not
Stop paying taxes. Period. I did not agree to pay for students loads.
Good luck with that😂😂😂
Biden needs to be arrested, and charged with Treason 👍🏻🇺🇸
I think that Americans should have free college specially nurses and doctors born in the US
Yet another thing I get to pick up the tab for.
He is buying votes with your tax money
Now cancel my home mortgage.
Biden hasn’t found a way to do anything. His administration has. This fool couldn’t say student loan forgiveness without stuttering
Free things have no value. If you have to work for something you appreciate it more. Biden is spending your money to allow someone to not repay the loan they willingly took. Vote him out… If he stays in 4 more years, this country won’t survive.
Why shouldn’t he do that though the Republicans have wrote off canceling student debt so he should tell them it was him.
Because it’s illegal according to the Supreme Court
Just checked Navient. Nope, debt still there. lol
It’s just Biden doing what he does best and the reason for it. Is just vote buying
Everything he’s doing with these loans and canceling their debts is criminal and he should be brought up on charges and put in prison
Not liking it because someone told you it’s bad doesn’t make it illegal. Charges for what?
@@paulendsley6322 Supreme Court said he couldn’t