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Transcripts for CNN Inside Politics With Abby Phillip 20240604 12:46:00

saying you guys got your loans forgiven and now you re attacking students. that s how they re reacting. i ve got to say it is the burden is going to be on biden and his party to sell this to people who are skeptical of it and we have not seen a whole lot of evidence over the last week. other than these kind of indirect the ppp attack plays really great on twitter. it doesn t really address the reservations that voters may have about this program and the questions that the white house has struggled to answer how you re paying for this, what you re doing to sort of make sure this is a financially sound decision for the government to make and they don t seem super ready for that debate. maybe they don t need to be if they keep pushing its back on republicans. but it s an obvious thing they should have prepared for and we don t have evidence that they did. it s a huge test for them to figure out how they re going to do that before the fall. coming up next for us, almost six decad

White House Reveals How Much PPP Loans of Some Republican Lawmakers Were Forgiven After They Criticized Student Loan Relief

President Joe Biden said he would cancel $10,000 in federal student loan debt for most borrowers. However, several Republican lawmakers have criticized the program.

Transcripts for MSNBC Symone 20240604 20:28:00

cancels $20,000 in loans for borrowers who received pell grants. $10,000 and loans for others. it also extends the pause underpayments on till december, and once those payments resume, but boris can no longer be charged more than 5% of their income. somebody say bye-bye high interest rates. activists made student debt relief initiative could await and president biden delivered on his province. both, in my opinion, should be commended. instead there has been a lot of criticism and push back with some saying that it will hurt the economy. but this isn t the first time the federal government is offered bailouts. it did it with wall street, the auto industry, airlines, farmers, and don t try to get me started on the ppp loans. now we are finally giving a piece of that pie to individual mare country to gun large amounts of debt just to get an education. my next guests are here to share their thoughts on all of this. tiny quick ellen is a board member for the association of young americans,

Transcripts for MSNBC American Voices With Alicia Menendez 20240604 22:35:00

a whole lot of republicans got a lot of money. the very people criticizing. you caught the mtj big mariah carey energy at the end there. we ll do you make of gop lawmakers who are slamming student loan forgiveness, especially when they themselves directly benefited from ppp loan forgiveness. not much, i don t make much of it, because many of them have remained removed and disconnected from every day experiences and struggles and hardships of people who called this country home. we have a responsibility to alleviate burden, and to see people on a better path. that is also critical as we come out of the pandemic induced recession and began to turn the corner on inflation, having passed the inflation reduction act. we need to be about reducing peoples daily costs, stabilizing those costs. during the pandemic, we were successful giving the administration to put a pause on student loan

Transcripts for MSNBC Symone 20240604 20:18:00

student debt relief announcement from earlier this week. the white house announced what i call a decidedly aggressive and on point strategy to call out these republican critics who were recipients of ppp loan forgiveness. take us behind the thinking a lie in lining that strategy up, and what do you think republicans should know about what the white house is saying? well, look, i think the president and the white house are never going to be afraid to call it a pachter see. whether it is republican elected officials that are voting against these critical fills in congress that are going to have a real impact on lowering the prices and helping american families, but then go out there on the road and take credit for it. the president called that out this week, as well. but i think what you saw is the president being very clear, this white house been clear, about how important this executive action was. and the real impact it has on american families and students. one of my rules here at

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