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FOXNEWS The Five July 7, 2024



i am considering dealing with some depth reduction. i am not considering $50,000 of debt reduction. but i am in the looking at whether there will be additional debt forgiveness. are you close to making a decision on the data? yes. jesse: president biden and expected to keep his word on canceling student debt, so get ready for a subsidized liberal arts degrees. announcing the decision to raise $10,000 to student loans for earners making less then $125,000 per year. that s a lot. it s a move that one actually erased debt, but instead transfer the burden to you, the taxpayer. even some libs think it is a bad idea. as obama s treasury secretary larry summers points out student loan debt relief is spending that raises demand and increases inflation. it consumes resources that could be better used helping those that for whatever reason did not have the chance to attend college and will be inflationary by raising tuition. the biden spin team trying to downplay that nar ....

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FOXNEWS The Five June 4, 2024 21:02:00

Have the chance to attend college and will be inflationary by raising tuition. the biden spin team trying to downplay that narrative. there s been been a lot of commentary raised about potential inflationary effects of debt inflation. what you have to do when you are measuring this out is look at that cancellation and also debt to restart, that is the end of the pause and restarting payments. both of those have to be factored in when you are trying to understand the fiscal impact on overall inflation. jesse: but joe biden s plan is not good enough for the far left, cori bush sounding off. student debt is merely a true billion dollars crisis potus most #cancelstudentdebt . but everybody should see it for what it is, a bribe, they have soured on the presidency 21% of 18-30-year-olds give him the stamp of approval, is this just a quick way for him to win them ....

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