President Biden announced that he will extend the student loan moratorium once again and forgive $10,000 for borrowers who make less than $125K a year.
does president bush take any responsibility for his policy potentially contributing to inflation when we talk about the gas prices right now? this is indeed gas, right? and as you mentioned, cauli gas is setting another record today. a gallon of gas now costs four dollars. sixty seven cents, that s over 50 percent from a year ago. the white house says student loan forgiveness won t make inflation worse. the impact on inflation in the near term is likely to be is likely to be quite small. but again, because the president hasn t made a decision and we re not talking about a specific plan, i won t speculate specifically ,but i think most of the analysis suggests that the near-term impact would be pretty small things which critics say otherwise quote even partial debt cancelation would be costly, regressive than inflation or inflationary for giving ten thousand dollars per person in debt would cost as much as universal pre-k or
voting. debt cancelation could impact voter turnout. 45% of voters in battle ground states say with $10,000 in debt cancelation, they are somewhat or more likely to vote in november. the number jumping to 60% in young voters. the longer this plays out the more the political opponents on the right are going to critique that and say this is not the way to go. the prospect of cancelation already facing legal opposition. and you think about those that did not go to college, where is their relief. reporter: experts do point out the biden administration has taken targeted steps to expand forgiveness for those that already qualify, but any wide
shielded corporations that are tied to paul manafort, right. no. we don t. and that is exact lip what bob mueller wants to know. he wants to know why was this money transferred and why was paul manafort trying to use his position on the campaign as leverage in order to get this money back to dare poska and work a deal out where they could negotiate debt cancelation or forgiveness and former counter intelligence said that is a huge red flag because debt cancelation is a lot harder to track than payments themselves. so this is going to add a whole new layer to the investigation. natasha bertrand, thank you. to help put this these breaking news stories in the big picture, former watergate
we have no idea as of now why dara poska is channeling $30 million through a series of fairly intricate transactions to get them into the pockets of shielded corporations that are tied to paul manafort, right. no. we don t. and that is exact lip what bob mueller wants to know. he wants to know why was this money transferred and why was paul manafort trying to use his position on the campaign as leverage in order to get this money back to dare poska and work a deal out where they could negotiate debt cancelation or forgiveness and former counter intelligence said that is a huge red flag because debt cancelation is a lot harder to track than payments themselves. so this is going to add a whole new layer to the investigation. natasha bertrand, thank you. to help put this these breaking news stories in the big picture, former watergate