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Transcripts For FOXNEWS Americas Newsroom 20240707

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 ho ....

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Transcripts for FOXNEWS Americas Newsroom 20240604 13:10:00

dana: incredible. bill: on the economy by the way. want to get to this. economy shrank at a slightly lower pace second quarter. revised to .6. a sliver of good news. dana: one of the things when people watch bill hemmer at the board and showing them how close those senate races are, one of them is in ohio. tim ryan is a congressman running against j.d. vance trying to run as a moderate democrat. the guy for the working people. he immediately knew it was a bad decision by president biden for him. as someone paying off my own family s student loans the costs of higher education are too high. i won t read the whole thing. he said instead of forgiving student loans for six figure earners we should work to level the playing field for all americans. expect to hear a lot more of that. bill: ohio will be a closely watched race and so is colorado ....

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Transcripts for FOXNEWS Americas Newsroom 20240604 13:00:00

Katie. i will be here tomorrow. last day of the week. ainsley is back next week. i ll be on the five tonight playing myself. have a great thursday. see you on friday. bill: good stuff. thanks, good morning. quote, reasonable and fair. that s what president biden calls his plan to cancel student loans. begging to differ are republicans, tax experts and some of the borrowers who stand to benefit. the list is longer. good morning, i m bill hemmer. hello at home. dana: good morning. i m dana perino and this is america s newsroom. this is sending some pretty bad signals to a lot of americans and yet the democrats are full steam ahead. you will see they can barely answer any questions that americans have about it. the president announcement is drawing criticism across the ....

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Transcripts for FOXNEWS Americas Newsroom 20240604 13:04:00

What s down is upside down. thank the lawnmower for lowering the temperature at the end. talk to you soon. dana: for more on how this will affect you the taxpayer let s go to madison talking to everyday americans and getting their take on the hands-outs. what did you hear? you know, from the people that are in favor of this, many of them have student loans of their own. some of the 26 million americans that stand to benefit. the others who could see $300 billion added to our national debt say they don t feel the same way. i think the overall debt of the country, who will pay for it? someone is going to of to pay for it. you go to school, you pay your own way. we don t need the government. trying to get your first home, raise a family, extra burden. if we can do it why not? we give money everywhere else. it shouldn t be made without considering it comes with consequences and ....

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