bill: we ve been watching this story develop now on behalf of the investigators. this is amityville, new york. you may remember from years ago amityville horror, which was not true but it made a lot of money as a book and movie. this, however, is a real-life suspense story playing out in realtime. amityville is several miles east of massapequa park where the suspected gilgo beach serial killer was living and this apparently was a storage area that he had. what was in there we don t know, how big it was, we don t know? investigators are on scene to figure out much of what s inside. wanted to update you on that as we continue to follow that story here on tuesday morning. the biden administration s new student loan forgiveness plans. it could cost $475 billion over
an anomaly. i am not in the camp that joe biden has a shoe-in in 2024. people need to ask themselves the simple question are you making more money? has your 401k increased? when you go to the grocery store. more expensive to pay for gas? can you pay the mortgage and rechbt? the answer for most americans is simply no. i think donald trump and republicans have an effective argument to make to the american people about the economy then versus the economy four years under joe biden and democrats. harris: we ll move to the next thing. please let me go with this. i want to cover more ground with you. president biden is in love apparently with his plan to bail-out massive student loan debt. his new plan is more expensive than the one the supreme court struck down. a new penn war ton study puts taxpayers on the hook for $475 billion over the next decade.
president biden is making a huge investment in this country because he understands the value of standing up for working class people. charles, the penn wharton budget model says the true cost of this loan forgiveness is closing to ten times what the biden administration is predicting, closer to $475 billion over the next ten years. charles: thanks, hillary. is a work around even legal? this after the supreme court knocked down biden s original student loan bailout plan. joining me now on the legal ramifications, tom dupree. thanks for joining us, tom. on the day of the supreme court decision, president biden came out and he promised there would be alternative measures or ways to get around it. it s so interesting to me. they never talk about it in term of legality. you just heard the clip. it s an investment. it s for working class.
martha: the president s new plan to forgive students loans could cost $475 billion over the next ten years. roughly three times what the administration claimed it would cost. that analysis has come from the penn wharton budget model. on friday, the department of education announced a new income driven repayment plan for student loans and that of course is sort of attempt number 2 after the supreme court shot down their original plan to wipe out hundreds of billions in money that students took out in order to pay their education and have not repaid. they determined that that plan by the administration was unconstitutional. so democrats keeping a close eye on west virginia senator joe manchin who is headline as no labels town hall event. that s the group considering a 2024 unity ticket. some democrats expressing fears
year. it would cause 30 million outpatient visits for veterans. it would cost us 60,000 teachers and meaningfully push us towards a recession. that s what they said. those are the options the republicans put before us, push us closer to a recession vore an immediate recession because of a default. as you can see, those are not options we re willing to entertain. let s take a step back for a second and just talk about the debt, all right, not about the debt ceiling bill but about the debt. the national debt, what the u.s. owes others, is nearly $32 trillion, $32 trillion. the u.s. government last year spend $475 billion just on the interest, just on the interest, money that would no doubt be better spent on i m sure you can think of a dozen things, health care, education. do you agree with the premise that the current path that the u.s. government is on is unsustainable? well, what i would say is that the president recognizes that we can get on a better fiscal trajectory which is wh