federal loan payments. none of them have to pay any of these loans back until january of 2023. president claiming that this targeted approach will actually have a positive effect, he says, on lowering inflation. but tax experts and republicans think that those numbers do not add up. this is senator tom cotton. watch this. the president doesn t have the power just to unilaterally on his own eliminate entire categories of de. of all the dumb things joe biden has done this is the dumbest yet. a terrible policy that will harm many more americans that it will help. a former obama economic advisor pushing back as well pouring roughly half a trillion of gasoline on the inflationary fire that is already burning is reckless, says jason fuhrman who was with the obama/biden administration and thinks it is a very bad move. jacqui heinrich joins us now live with more. good morning, martha. it is not just the press secretary refusing to admit that taxpayers are footing the bill for t
political spectrum pledging to cancel up the $10,000 for those making less than $125,000 and year and twice that for pell grant recipients. bill: $300 billion is the latest hand out on a tab topping $4 trillion. republicans call it reckless. this sends the wrong incentives telling people if you did pay your loan on time and you did the stand-up thing, you are a sucker. this is just another example of politicians saying give it to me and then we ll take it from the people. of all the dumb things joe biden has done this may be the dumbest yet. it is stiff competition. bill: maria bartiromo has analysis. madison all worth and the cost to taxpayers. hello, jacqui heinrich at the white house. the administration just won t say it even though we already know the answer. the press secretary yesterday repeatedly punted on who is paying for this. this morning the education secretary wouldn t even talk dollar amounts. how much does this cost? you know, depending how many
play. i ll fill for greg tonight. might have a guest at the end of the show that you might want toz. i ll crush it. lawrence jones is on. and cat tymp what could go wrong. the faulkner focus is next. hi, martha. look forward to that tonight. in the meantime bipartisan backlash to president biden s huge student loan bail-out. he has critics on both sides of the aisle raising alarms about the white house s action and dodging questions about who really picks up the tab. this is the faulkner focus and i m martha maccallum in today for harris. great to be with you. the president following through on a campaign promise that he made and canceled up to $20,000 for certain borrowers in debt that they had outstanding for their college years. while extending a pause on
retribution. these folks and former intelligence he officials, you have people on both sides of the aisle raising alarms about the idea of politicizing this tool. security clearance is intended to give people who are the most trusted in our government, the heads of intelligence agencies, the heads of national security agencies, the information they need. the idea that the president would be targeting this process is something that was very alarming to a number of people. yeah, indeed. i think yesterday a lot of people in washington were concerned about what it means politically. great to have you with us. we will touch base with you in a little bit. former ambassador to russia michael mcfaul is set to meet with trump officials on what he calls the harassment of former officials like him by moscow. mcfaul says that he will go to the white house to meet with fiona hill. she is the national security council senior director for europe and russia. along with other administration officia