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FOXNEWS Outnumbered July 7, 2024

prepare to resume federal student loan payments in januar. while he s set to an kel cancel billions of dollars. progressives they are not happy. they say this doesn t go far enough. critics say the move will penalize the responsible american who already paid off their loans by making them now foot the bill for those who haven t paid just yet. there are concerns of the handout will increase inflation and widen the wealth gap. let s look at the numbers. the plan is expected to give the $10,000 handout to those making less than $125,000 a year. that adds up very fast with one estimate putting it at $300 billion over the next ten years and that is on the low end. even still, that amounts to an additional $2000 for every single american taxpayer. karlie, the left says handout to the rich. they complain about tax cuts. make no mistake. this is a handout to the rich. we have the numbers. anywhere from 68% to 70% of loans are going to go to those in the top 60% of the income ....

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FOXNEWS Outnumbered June 4, 2024 16:03:00

Chips act, another $300 billion on top of that. some of those things are money well spent. this really is stealing money from a group of hard working taxpayers to buy votes from people who are disproportionately wealthier, the left leaning brookings institute found that third of student let is held by the wealthiest 20% of households in this country. he s angering everything from progressives on the far left to conservatives on the right. and people like larry summers who is not necessarily a right wing economist. he s an economist from harvard said this could increase inflation by having colleges increase tuition. the bottom is 59% tells cnbc, this is going to increase inflation. yes. it will. here s one larry summers tweet ....

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