Student loan 'Forgiveness",Too little to help anyone, just enough to make everyone angry

[Flash-hider]

Perhaps Biden should have done this the proper way through Congress.

We all know this was to garner votes for the general election. While it's out there that the write off will be treated as taxable income, all that will benefit from the this will not file their 1040 until next year, so, it hasn't hit them yet. However, it wouldn't surprise me when they are suddenly shocked with paying additional taxes, the dem's will come riding in on their black horse's and change the tax code for 2023 filing. That is if the dem's hold the majority like they do now. So, again the dem's are securing votes for 2024 by saving the day.

 

[KLB]

Dude....c'mon.

Point taken. Let's see, how about "money from the government for filling out their tax forms"?

 

[oze]

We all know this was to garner votes for the general election. While it's out there that the write off will be treated as taxable income, all that will benefit from the this will not file their 1040 until next year, so, it hasn't hit them yet. However, it wouldn't surprise me when they are suddenly shocked with paying additional taxes, the dem's will come riding in on their black horse's and change the tax code for 2023 filing. That is if the dem's hold the majority like they do now. So, again the dem's are securing votes for 2024 by saving the day.

Did something change? I'm sure that I read that if this handout did go through, it would not be considered taxable by the Feds. A few states, including Indiana would tax it, though.

 

[actaeon277]

 

[Shadow01]

Just make this a 10k stimulus check to every breathing citizen. No one will do anything about inflation anyway, why worry about it…

 

[DoggyDaddy]

Just make this a 10k stimulus check to every breathing citizen.

So you want to exclude half of the Democrat's voter base?

 

[Shadow01]

So you want to exclude half of the Democrat's voter base?

1 I don’t care about democrats in general. 2. 1 makes it hard for me to be concerned about them being excluded breathing or not.

 

[1DOWN4UP]

 

[SnoopLoggyDog]

Has it occurred to anyone that if Biden forgives student loans, that it will create a serious shortage of decent looking strippers?

 

[chipbennett]

That's the "nice" thing about having mine paid off and already have put 2 of my kids through college debt free.

I can cling to the moral high ground even though I know very well I would have taken it.

I have $1,600 left. I'm paying it off myself.

 

[tbhausen]

Guess which governor DIDN’T sign this letter…

Nearly half of US governors, all Republican, demand Biden withdraw student loan forgiveness

Twenty-two governors, all Republican, have signed a letter sent to President Joe Biden calling on him to withdraw his student loan forgiveness plan.

www.usatoday.com

 

[KLB]

Guess which governor DIDN’T sign this letter…

Nearly half of US governors, all Republican, demand Biden withdraw student loan forgiveness

Twenty-two governors, all Republican, have signed a letter sent to President Joe Biden calling on him to withdraw his student loan forgiveness plan.

www.usatoday.com

He is so useless.

 

[Ark]

Guess which governor DIDN’T sign this letter…

Nearly half of US governors, all Republican, demand Biden withdraw student loan forgiveness

Twenty-two governors, all Republican, have signed a letter sent to President Joe Biden calling on him to withdraw his student loan forgiveness plan.

www.usatoday.com

Of course, he wants that income tax payday.

In other news, still no applications, updates, or progress of any kind on this "plan". It's literally just a press release.

 

[BigRed]

Guess which governor DIDN’T sign this letter…

Nearly half of US governors, all Republican, demand Biden withdraw student loan forgiveness

Twenty-two governors, all Republican, have signed a letter sent to President Joe Biden calling on him to withdraw his student loan forgiveness plan.

www.usatoday.com

This heap of dung is a poor excuse for a human being.

 

[semperfi211]

Are there lawsuits pending challenging the presidents authority to do this?

 

[Ingomike]

Are there lawsuits pending challenging the presidents authority to do this?

Last I knew it had not reached the point it could be litigated…

 

[BugI02]

Of course, he wants that income tax payday.

In other news, still no applications, updates, or progress of any kind on this "plan". It's literally just a press release.

The low information voter doesn't know he can't do this by EO, so they believe it is a done deal

They won't get the bad news in time to reconsider their vote before the midterms. I'm surprised he hasn't legalized weed by diktat - must be saving that for '24

 

[jamil]

Last I knew it had not reached the point it could be litigated…

Yeah. So far I don’t think it’s gone any further than the senile delusion of an elderly democrat stage.

 

[DoggyDaddy]

Yeah. So far I don’t think it’s gone any further than the senile delusion of an elderly democrat stage stooge.

FIFY...

 

[Ingomike]

Lawsuits are starting…

'Violates the Constitution' - Group Sues Joe Biden Over Student Loan Forgiveness Program

A conservative, Indiana-based lawyer filed a lawsuit against the Biden Regime on Tuesday in an effort to block Joe Biden’s unconstitutional student loan forgiveness program. Joe Biden unilaterally announced a massive forgiveness of student loans last month. Biden canceled up to $10,000 in...

www.thegatewaypundit.com